Consumers feel like they’re on ‘a very scary roller coaster.’ That’s bad news for Trump’s economy. - MarketWatch
1. Consumer sentiment dramatically decreased, impacting economic outlook for housing. 2. Tariffs introduced by Trump causing rising costs and consumer anxiety. 3. One in four Americans canceling major purchases like homes due to economic uncertainty. 4. Mortgage payment delinquency rates rose 14% year-over-year, affecting FNMA. 5. Retail spending patterns show caution amidst mixed economic signals.