Subject: Consumer Spending Slows Sharply
Trump continues his destruction of America...

FITCH:
"U.S. Consumer Spending Slows Sharply as Labor Market Weakens, Tariffs Raise Inflation"

"The extreme volatility in U.S. trade policy in 2025 has triggered a shock to confidence, deeply affecting both business and consumer sentiment."

"U.S. consumer spending slowed significantly in the first half of 2025, decelerating from the robust pace seen in late 2024."

"Consumer net worth fell by 0.9% in 1Q25 as tariff concerns weakened equity market performance. U.S. household real estate equity declined as home prices softened."

Are we great again yet? Asking for a friend.

https://www.fitchratings.com/r...