After months of predicting doom, gloom and financial collapse, caused by Trump’s actions, the economy is growing and healthy! Damn!
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The U.S. Economy Is Regaining Its Swagger
https://www.wsj.com/economy/the-u-s-economy-is-regaining-its-swagger-922623e3?gaa_at=eafs&gaa_n=ASWzDAhHANIquTs1Wwrbhnm9gDLSiiPNdvhKoRAGZJ8Vdn-9QSzdcJgmRdemkZIE40M%3D&gaa_ts=687ed267&gaa_sig=W-e8dZB0Fhk3fva1f0kNd3drnoDTnYWlqLK-CYX8_IcHT_xsr6QHIrEIilBAKYHr1faopSRE23YzHUGud1zaWQ%3D%3D
Consumer sentiment collapsed. The S&P 500 stock index fell by 19% between February and April. The world held its breath and waited for the bottom to drop out.
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The U.S. Economy Is Regaining Its Swagger
https://www.wsj.com/economy/the-u-s-economy-is-regaining-its-swagger-922623e3?gaa_at=eafs&gaa_n=ASWzDAhHANIquTs1Wwrbhnm9gDLSiiPNdvhKoRAGZJ8Vdn-9QSzdcJgmRdemkZIE40M%3D&gaa_ts=687ed267&gaa_sig=W-e8dZB0Fhk3fva1f0kNd3drnoDTnYWlqLK-CYX8_IcHT_xsr6QHIrEIilBAKYHr1faopSRE23YzHUGud1zaWQ%3D%3D
Consumer sentiment collapsed. The S&P 500 stock index fell by 19% between February and April. The world held its breath and waited for the bottom to drop out.
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But that didn’t happen. Now businesses and consumers are regaining their swagger, and evidence is mounting that those who held back are starting to splurge again.
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The stock market is reaching record highs. The University of Michigan’s consumer sentiment index, which tumbled in April to its lowest reading in almost three years, has begun climbing again. Retail sales are up more than economists had forecast, and sky-high inflation hasn’t materialized—at least not yet.
“We’ve been surprised again and again by consumers,” said Jonathan Millar, senior U.S. economist at Barclays. In April, Millar predicted that the U.S. economy would likely go into recession this year. He now expects it to keep growing, albeit at a slow pace.
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Big Beautiful Bill Reflections
http://roanokeslant.blogspot.com/2025/07/big-beautiful-bill-reflections.html
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The stock market is reaching record highs. The University of Michigan’s consumer sentiment index, which tumbled in April to its lowest reading in almost three years, has begun climbing again. Retail sales are up more than economists had forecast, and sky-high inflation hasn’t materialized—at least not yet.
“We’ve been surprised again and again by consumers,” said Jonathan Millar, senior U.S. economist at Barclays. In April, Millar predicted that the U.S. economy would likely go into recession this year. He now expects it to keep growing, albeit at a slow pace.
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Big Beautiful Bill Reflections
http://roanokeslant.blogspot.com/2025/07/big-beautiful-bill-reflections.html
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