May 17, 2025, 3:34 a.m.
Trading Day: Market elongation trumps brewing stagflation
US economy faces challenges. Consumer confidence declines to levels not seen since 1980. Inflation expectations rise sharply. Trade tensions and tarriffs worry consumers. Financial markets initially rallied after the US-China trade truth. Tech stocks surged. G…
Trading Day: Market elation trumps brewing stagflation
US economy faces challenges. Consumer confidence declines to levels not seen since 1980. Inflation expectations rise sharply. Trade tensions and tariffs worry consumers. Financial markets initially rallied after the US-China trade truce. Tech stocks surged. G…