Reported 23 days ago
Consumer confidence has dropped for three consecutive months, reaching its lowest point since November 2022, signaling recessionary fears similar to those experienced during the Biden administration's inflation struggles. While the hard economic data remains stable, suggesting ongoing job creation and spending, the pessimism reflected in consumer sentiment raises concerns about a potential downturn, exacerbated by President Trump's controversial tariff policies that are affecting market stability.
Source: YAHOO