Weekly Economic Snapshot: Housing Divide Amid Plunging Sentiment
This week’s economic data revealed a split in the housing market, with new home sales unexpectedly surging while existing home sales declined. However, the overarching concern remained the continued and significant deterioration in consumer sentiment, which sank to near-record lows driven by worries about trade, inflation, and future income. Despite this growing pessimism, the stock [...] The post Weekly Economic Snapshot: Housing Divide Amid Plunging Sentiment appeared first on ETF Trends.
This week’s economic data revealed a split in the housing market, with new home sales unexpectedly surging while existing home sales declined. However, the overarching concern remained the continued and significant deterioration in consumer sentiment, which sank to near-record lows driven by worries about trade, inflation, and future income. Despite this growing pessimism, the stock [...]
The post Weekly Economic Snapshot: Housing Divide Amid Plunging Sentiment appeared first on ETF Trends.
