US Consumer Confidence Plunges In April, Inflation Expectations At 1980s Highs

[sealybobo]

The prices have been coming down since he took office. Under Xiden they went up.

Since Trump took office he did what he said he would do, that includes that fact the he has countries begging for new trade deals. Trump is about Main Street, not your rich donor class on Wall Street that owns the Demafacist party.

That's spin that only 39% of Americans are swallowing. Stop blaming the media. You and my brother are starting to sound like you are full of shit.

It feels that way. It FEELS like you are full of shit.

Trump is about main street LOL. Sure he is. That's why my brother is buying up stocks right now while they are cheap. That was his advice to me yesterday. Buy stocks now that the market is in the dumps.

Or does the market FEEL like it's doing well? I know FEELING is important to you. More important than facts.

U.S. Consumer Confidence Plunges To Lowest In 5 Years Over Tariff Worries​

The last time consumer confidence was this low, Trump was president. There's a reason for that dummy.

Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of the COVID-19 pandemic

I wonder why it slipping in April, March, February January and December. I wonder what could have possibly happened in November???? LOL.

 

[sealybobo]

~~~~~~
As I write this, it was just announced that a trade/tariff deal was agreed to by India.
That's another feather in the hat for Trump.
Dow is up in the 41,000th's in the Green....

Was a trade dea agreed to? I'm reading we are close but not that a deal had been reached.

U.S. Consumer Confidence Plunges To Lowest In 5 Years Over Tariff Worries. 5 years ago Trump was president right?​

Americans’ confidence in the economy slumped for the fifth straight month. So Trump won in November and in Dec, Jan, Feb, March and Apri consumer confidence PLUNGED.

Remember we told you ass clowns that the economy was fine under Biden but you said for poor people it didn't FEEL like a good economy.

Well today feels like shit. You say Trump won something from India? What? I believe if you look at the details, he won nothing.

I want to know the details regarding our trade deal with India. What was unfair about it? What did Trump "win"?

 

[justoffal]

U.S. consumer confidence plunged for the fourth consecutive month in early April, the University of Michigan said on Friday.

Why it matters: President Trump's tariff policies crushed the economic optimism that prevailed after the presidential election. Now consumers — including Republicans — fear inflation will skyrocket and the economy will weaken, expectations that economists say could be self-fulfilling.

By the numbers: Consumer sentiment plunged 11% from March, with "pervasive and unanimous" declines across political parties, age, income, education and geographic region, according to the release.

• Inflation expectations in the year ahead surged to 6.7% from 5% this month, the highest reading since 1981. All political parties reported higher inflation expectations, the University of Michigan said.

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www.axios.com

Things are going very well. According to convicted felon 47.

So how are those 401(k)s looking everybody?

MAGA

Translation of OP title: US addicted consumers undergoing withdrawal from cheap Chinese shit. Too addicted to search for american-made replacements.

 

[sealybobo]

Translation of OP title: US addicted consumers undergoing withdrawal from cheap Chinese shit. Too addicted to search for american-made replacements.

Oh come on stupid. You know the truth is we've been saying for years "nothing is made in America".

And I'm sorry but a lot of our stocks are invested in companies who do business abroad, or get parts from overseas.

Translation, you have fucked everyone up from the CEO's down to the blue collar workers who can't afford to have a screw up in the White House.

Trump's nickname should be Mulligan.

And it would have been a lot easier to find other sources except Trump pissed off all our trading partners before he asked for a Mulligan and decided okay fine I will only start a trade war with China. Don't get YIPPY.

Dejavu. Trump passed a huge tax break in 2016 and in 2017 only had 2.3% GDP because he started a trade war with China. Now he's fucking up this economy over a trade war with China.

How about not start a trade war? Just quietly tariff certain Chinese products. Or find another source that's a viable American made option and pushing that company over China.

So now you hate Toyota and Honda or are they cool because they manufacture here?

This is just your spin on the fact that Trump is causing inflation. Is that what's coming? Higher prices? I thought Tariff was a beautiful word?