[ { "topic": "Federal Reserve Policy", "sentiment": "dovish", "confidence": 0.95, "mentions": 15, "notes": "Powell acknowledges rate cuts will resume despite some FOMC members doubting labor market weakness" }, { "topic": "Consumer Recession", "sentiment": "bearish", "confidence": 0.98, "mentions": 25, "notes": "Chipotle and Kraft Heinz report massive consumer pullback, worst sentiment in decades" }, { "topic": "Labor Market Weakness", "sentiment": "bearish", "confidence": 0.95, "mentions": 18, "notes": "Job-finding expectations at 44.9 near-record low, unemployment hitting millennials and Gen Z hard" }, { "topic": "Deflation Risk", "sentiment": "bearish", "confidence": 0.9, "mentions": 8, "notes": "Companies cannot pass costs to consumers without volume collapse, indicating deflationary pressure" }, { "topic": "Holiday Spending", "sentiment": "bearish", "confidence": 0.92, "mentions": 6, "notes": "Conference Board projects 3.9% decline in gift spending, 12% decline in non-gift spending, seasonal hiring down 75%" }, { "topic": "Stock Market Divergence", "sentiment": "neutral", "confidence": 0.85, "mentions": 5, "notes": "Stocks soaring while consumer confidence remains depressed, creating dangerous disconnect from economic reality" } ]