Consumer confidence in the US has plummeted due to anxiety over the Trump administration’s trade policies and government cutbacks, with the short-term economic outlook hitting a 12-year low. Tariffs on trading partners are expected to increase inflation, leading to a recent stock market sell-off and decreased consumer spending. Executives are warning of a potential pullback in spending, as uncertainty about tariffs continues to impact consumer sentiment and economic outlook.
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2 No-Brainer AI Stocks to Buy Right Now
Recent concerns over President Trump's tariffs impacting earnings have particularly affected technology stocks, which often rely on foreign production. While an exemption for electronics has been introduced, uncertainty persists; however, established tech companies like Advanced Micro Devices (AMD) and Alphabet (GOOGL) remain well-positioned for long-term growth, especially in the AI sector. AMD's data center revenue has surged, and Alphabet's Google Cloud has experienced significant growth, making both companies attractive investments at current valuation levels. Full...
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