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Squawk on the Street 2ND Hour 11/26/24

Squawk on the Street

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Economic Indicators and Trade Impacts

This chapter analyzes key economic indicators such as consumer confidence and new home sales, noting a rise in consumer confidence alongside declines in home sales due to interest rates. It explores the challenges faced by homebuilders and the repercussions of proposed tariffs on trade relationships, particularly with Canada and Mexico. Additionally, the chapter critiques the potential economic fallout from U.S. immigration policies and the broader effects of tariffs on inflation and the labor market.

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