Inflation Fears Soar to 1980s Levels, Consumer Sentiment Sharply Plummets
Consumer confidence collapses, China flashes its “nuclear option,” Zillow goes after secret listings, and uh oh, renovations could get even pricier—what does it all mean for your investments?
Americans are dealing with severe trade war whiplash, and it’s starting to show. Consumer sentiment has fallen off a cliff in the most recent reading, with many Americans fearful that inflation will spike back up, the economy will slow way down, and we’ll be stuck in economic quicksand. How close is this to reality, and if average Americans are panicking, what should investors do to keep their sanity and…
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