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Wealthier Americans are getting more nervous about the economy

Data: Morning Consult/Axios Inequality Index; Chart: Kavya Beheraj/Axios

Even though they're still flush with cash from the booming market, wealthier people are increasingly worried about the economy, especially inflation.

What's happening: In March, consumer confidence dropped 7.2% for those earning more than $100,000 — a much larger dip than for those earning less than $50,000, according to a measure of consumer sentiment released today as part of the Morning Consult/Axios Inequality Index.

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