List of Flash News about Crisis
Time | Details |
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2025-03-30 18:21 |
US Consumer Sentiment Plummets to 2008 Levels Amid Market Volatility
According to The Kobeissi Letter, US consumer sentiment has drastically declined, reaching levels not seen since 2008. The sentiment index has dropped approximately 20 points over the past month to a value of 57, signaling growing pessimism among US consumers. This decrease is typically observed during a crisis or recession, suggesting an economic slowdown has commenced. Traders should consider the potential impacts of declining consumer confidence on the markets. |
2025-03-12 18:12 |
US Government's FY2025 YTD Deficit Hits Record $1.15 Trillion in February
According to The Kobeissi Letter, the US Government's year-to-date deficit for FY2025 reached a record $1.15 trillion in February, marking a new high. This figure is $318 billion above the 2024 levels for the same period, representing an increase of approximately 38%. The situation is described as a crisis, indicating significant implications for fiscal policy and potentially impacting financial markets. |