Consumer confidence readings have declined sharply in recent weeks on fears that President Donald Trump's proposed tariffs could drive prices higher.
Mandatory Credit:	David Paul Morris/Bloomberg/Getty Images via CNN Newsource

Consumer confidence readings have declined sharply in recent weeks on fears that President Donald Trump's proposed tariffs could drive prices higher.
Mandatory Credit: David Paul Morris/Bloomberg/Getty Images via CNN Newsource

Stories this photo appears in:

Tease photo

Trump is blaming Biden for a weakening economy. Is that fair?

Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.”

Tease photo

Trump is blaming Biden for a weakening economy. Is that fair?

Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.”