drmonalidesai on Nostr: Will the White House policies trigger stocks to decline all year as they have for the ...

Will the White House policies trigger stocks to decline all year as they have for the last month? The Atlanta Fed predicts negative 1.5% GDP growth in the first quarter. 🇺🇸 US consumer spending, which accounts for more than two-thirds of U.S. economic activity, dropped 0.2% last month. That was the first decline since March 2023 and the biggest decrease in nearly four years. With current White House economic policies it seems likely Americans will continue to cut back on spending for the rest of the year or maybe the next four years. 🇺🇸

https://www.reuters.com/markets/us/us-consumer-spending-falls-january-monthly-inflation-rises-2025-02-28/