Reported 1 day ago
Despite alarming consumer sentiment and inflation expectations in the U.S. indicating potential stagflation, financial markets saw a significant rally, driven by optimism following a recent U.S.-China trade truce. The S&P 500 and Nasdaq soared, with the latter experiencing its strongest weekly gain in years. Meanwhile, concerns over rising tariffs and fiscal policies linger in the backdrop, as the global economy presents mixed signals amid uncertain forecasts.
Source: YAHOO