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@ Dr. Monali Desai
2025-02-25 13:52:48
Given the number of layoffs happening across many industries with pay/benefits being extended for several months, can we expect a stock market crash in the spring/summer as Americans losing their jobs will eventually have to cut back on spending? 🇺🇸
In recent days, weak U.S. retail sales, consumer confidence and services purchasing managers' reports, combined with higher-than-expected consumer price inflation, have eroded stock market confidence and, amid uncertainty over a barrage of federal government layoffs, have put U.S. stagflation in center of investor calculations. 🇺🇸
https://finance.yahoo.com/news/german-stock-futures-euro-edge-005730031.html
https://m.primal.net/PKnc.jpg