4/14/25: Wall St Panic Amid Tariff Flip Flop, China Bans Rare Earth From US, CEOs Say Recession Is Here, Consumer Sentiment Plunges
Breaking Points with Krystal and Saagar
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Diving into Dismal Consumer Sentiment and Its Economic Consequences
This chapter explores the significant decline in consumer sentiment in the U.S., as evidenced by the University of Michigan's Consumer Sentiment Index. It examines the implications of this drop for the economy, including the cycle of reduced spending and fears of inflation and unemployment.
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