Reported about 24 hours ago
The current economic landscape presents a paradox: while soft data, such as consumer confidence and small business optimism, has sharply declined, hard data like retail sales and job creation remains unexpectedly strong. This discrepancy suggests that consumer behavior may be influenced by fears of potential tariffs, masking underlying weaknesses. Experts warn that this could lead to a slowdown in activity and possibly indicate a looming recession, highlighting the unpredictability of economic trends and the necessity for cautious long-term investing.
Source: YAHOO