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Eggs for sale in a Manhattan grocery store on February 25, 2025 in New York City.
Spencer Platt | Getty images
The consumer of the United States has not felt so sad for the economy since November 2022, according to a survey by the University of Michigan. It was then that annual inflation was 7.1% and the president of the Federal Reserve, Jerome Powell, acknowledged that the possibilities of a soft landing, where inflation is dominated without the economy falling into the recession, have been reduced.
With the United States inflation in 2.9% in December and a gross domestic product that expanded 2.3% annualized during the fourth quarter of last year, it seemed that the Fed was, in fact, directing the economy safely by the landing strip.
But the turbulence, in the form of tariffs of President Donald Trump, is shaking the plane in 2025. Consumers now expect one year inflation to jump to 4.9%, showed the same survey. In addition to the problems, the United States Treasury secretary, Scott Besent, said Sunday that “there are no guarantees” there will be no recession.
The actions bounced on Friday, but that was probably because investors felt relieved by the lack of tariff news that optimism about markets. As in Main Street, the feeling on Wall Street is decidedly descending.
Dead cat boat?
US markets bounced on Friday. He S&P 500 2.13%were added, the Dow Jones industrial increased 1.65% and Nasdaq compound It jumped 2.61%. However, the three reference points recorded weekly losses, with the S&P Lose $ 5.28 billion in about three weeks. Asia-Pacific markets rose on Monday. From Japan Nikkei 225 It rose around 1.2% even when the yields of the long -term government bonds touched the maximum before the Bank of Japan meeting at the end of this week.
Shadow about the economy
The consumer survey at the University of Michigan published a Reading of mid -March 57.9 For its index of consumption feelings, a 10.5% decrease since February and below the consensus estimate of Dow Jones for 63.2. He The inflation perspective of a year increased to 4.9%The highest reading since November 2022. “Many consumers cited the high level of uncertainty around politics,” said Joanne Hsu, director of the survey.
‘There is no guarantee’ of avoiding recession
The United States Secretary of the United States prevent a financial crisis. But Besent also pointed out that “there are no guarantees” that the administration’s actions will not result in a recession. In the correction of the stock market, Besent said “they are normal” and that “it is not worried about markets.”
Consumer culture in China
Chinese retail sales increased by expected 4.0% In the January-February period of a year, according to data published Monday by the National Statistics Office. Industrial production increased 5.9% In the first two months of 2025, compared to the previous year, exceeding expectations. Sunday, China announced a “Special Action Plan to increase consumption“In an attempt to Increase national consumption and revitalize the stock market.
Klarna files for IPO
The Swedish firm Klarna, a Buy Now supplier, pays later loans, presented its OPI brochure Friday and plan Go to public in the New York Stock Exchange Under the symbol of the Klar Ticker. Klarna has not revealed the number of actions that will be offered or the expected price range. The decision to go over in the United States is a significant blow for European stock exchange, which have fought to retain local technology companies.
(PRO) Data on the US economy
The US retail sales report. For February, on Monday, it will confirm whether consumers’ feeling has resulted in decreasing sales, such as Retail company CEOs warn. While market observers do not expect the United States Federal Reserve meeting, which ends on Wednesday, will result in a tariff cut, Listen carefully to the comments of the Jerome Powell chair About the state of the economy.
Instruments within the Target Chamber of the National Lightning Center in the National Livernce Livermore Laboratory in California in 2009.
Tony Avelar | Bloomberg | Getty images
How the United States is losing ground to China in nuclear fusion, since AI Power needs to increase
China and the United States are in a race to create the first nuclear fusion energy at a grid scale. After decades of the United States at the top of the classification, China is up to date by double and building projects at record speed.
Often called the Holy Grail of Clean Energy, the nuclear fusion creates Four more times Energy per kilogram of fuel than traditional nuclear fission and 4 million times more than burning of coal, without greenhouse gases or long -term radioactive waste.
There is only a big problem.
“The only fusion energy plants at this time in the universe are the stars,” said Dennis Whyte, a professor of nuclear science and engineering at the Massachusetts Institute of Technology.