Data: US Consumer Confidence Index Drops to Second Lowest Level in History, Recession Risks Increase
BlockBeats News, on November 8, KobeissiLetter released a market analysis stating that the U.S. Consumer Confidence Index has fallen to the second lowest level in history, currently below the 2008 low. Inflation expectations are worsening, the U.S. economy is beginning to slow down, and recession risks are rising.
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