US Consumer tightening their belts. Consumer discretionary guidance is in freefall. Stagflation fears are back.
The latest data show that Americans are taking an increasingly grim view of the U.S. economy and their own financial outlooks as uncertainty from the Trump administration’s tariff hikes and other policy changes drags on. The Conference Board’s consumer confidence index fell for the fourth consecutive month, dropping 7.2 points to a reading of 92.9 …