Consumer sentiment fell nearly 11% from March to April and 34% from this time last year, according to new data from University of Michigan’s authoritative survey, released Friday.

The drop continued a three-month trend brought about by Trump’s vow to impose tariffs on products imported to the U.S., a promise Trump fulfilled last week in what he called a “Liberation Day” ceremony at the White House.

The Yale Budget Lab estimated the average household will be $4,700 poorer as a result of Trump’s tariff gamble.

  • @TankovayaDiviziya@lemmy.world
    link
    fedilink
    13 months ago

    Thank you for the advise. I try not to increase the risk as I have lost money, way before I got the sense to finally read a beginner’s book. The book’s advise is great and its basic theory works, but mostly for large cap stocks and those with more predictable patterns. There are certain stocks which I day trade because of aforementioned reasons.

    • jeeva
      link
      fedilink
      13 months ago

      Which book was that, out of interest, if you’d recommend it?

      • @TankovayaDiviziya@lemmy.world
        link
        fedilink
        13 months ago

        “Master the Art of Trading” by Daniel Lewis. It is amazing for beginners. When I started applying the theories, it greatly improved my chances with day trading. I would recommend applying the theories on demo mode first of your chosen trading platform.