May 28th, 2025
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The Conference Board's latest data reveal a resurgent, albeit fragile, consumer confidence index for May, climbing a noteworthy 12.3 points to 98 after a sustained five-month nadir, remediating April's nadir of 85.7 – a level not witnessed since the pandemic's incipience; this nascent rebound seemingly attenuates anxieties surrounding the macroeconomic repercussions of the Trump administration's erstwhile tariff impositions, yet the sub-80 reading for near-term anticipations regarding earnings, commercial milieu, and labour market dynamism continues to portend a substantive risk of impending economic contraction, notwithstanding the Bureau of Labor Statistics' announcement of 177,000 newly generated positions in April – a datum that buttressed confidence levels, but was ultimately countervailed by persistent apprehension concerning inflationary pressures and the aforementioned tariff regime, although intentions for escalated expenditure in key sectors – residential property, automotive, and leisure – were conspicuously registered.
May 28th, 2025
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US-EU Trade Impasse: Trump's Demands and Europe's Strategic Options
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