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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble1	3/25/2025 3:01:37 PM
	1 Recommendation of 41041

Bad News from The Sheeple: However, the measure for future expectations told an even darker story, with the index tumbling 9.6 points to 65.2, the lowest reading in 12 years and well below the 80 level that is considered a signal for a recession ahead. The index measures respondents’ outlook for income, business and job prospects. “Consumers’ optimism about future income — which had held up quite strongly in the past few months — largely vanished, suggesting worries about the economy and labor market have started to spread into consumers’ assessments of their personal situations,” said Stephanie Guichard, senior economist, global indicators at The Conference Board. The survey comes amid worries over President Donald Trump’s plans for tariffs on U.S. imports, which has coincided with a volatile stock market and other surveys showing waning sentiment.

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