U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
Publishing timestamp: 2025-03-14 15:41:16
Summary
Retail and travel industry executives are bracing for a slowdown in demand due to President Trump's trade war, high interest rates, inflation, and sliding consumer confidence. Companies like Delta, Walmart, and Dick's Sporting Goods have cut their guidance or given weaker outlooks. The uncertainty surrounding tariffs and government policies is causing concern among CEOs, leading to warnings of tougher times ahead. Airlines are also experiencing a slowdown in demand, while retailers are facing challenges due to uncertain consumer dynamics and macroeconomic environment. The overall sentiment is cautious and worried about the potential impact on consumer spending and the economy.
Sentiment: NEGATIVE
Tickers: DAL, ELF, DKS, LUV, AEO, AAL, UAL, ANF, .SPX, WMT,
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