A tale of two consumer sentiment gauges

Data: The Conference Board; Chart: Courtenay Brown/AxiosConsumer confidence soured in early May, according to the Conference Board, though the reading shows a far less bleak economic mood than its peer survey from the University of Michigan, which plumbed new lows Friday.Why it matters: Directionally, the two surveys send the same signal: Consumers are downgrading their economic views as the war-driven energy shock weighs on household budgets.But whether consumers feel worse about the economy no...