DiMartino Booth is 'short-term pessimistic' but expects moderate improvement

Danielle DiMartino Booth, chief strategist at QI Research, says that she remains concerned about the economy in the short run because Congress isn't being "brisk and efficient" in delivering on the promise of de-regulation and lower taxes. Since those potential policy benefits haven't shown up — but the uncertainty of tariff policies has — she is expecting a bumpy economic road ahead. She does say that inflation may be having less impact than consumers say it is having, but she notes that consumer fears are real and are contributing to her feelings that the economy will struggle to regain momentum. Speaking of tariffs, Chuck answers a listener's question on how they are supposed to work and why he has been saying the dollar must be weaker for them to achieve President Trump's stated goal. Plus, Ted Rossman discusses a Bankrate.com survey which showed that Americans with checking accounts have maintained the same account for an average of 19 years, which may mean they are missing out on opportunities to get more from their most basic bank accounts.