US consumer confidence declined for a fifth consecutive month on more pessimistic views of the labor market and business conditions. https://t.co/pGTBscsBiP ...

Donald Trump is still obsessing over tariffs, the centerpiece of his economic agenda. And now he is bracing for a Supreme Court decision that could blow up all of his trade plans. Today, Trump posted on Truth Social that tariffs have made the country quote rich, strong, powerful, and safe.Adding that evil Americanhating forces are fighting us at the sup at the US Supreme Court. pray to God that our nine justices will show great wisdom and do the right thing for America. His urging comes as Americans face ec ...

Consumer Sentiment & Economic Impact - University of Michigan consumer confidence numbers are not strong three weeks before Black Friday [1] - Low consumer sentiment is observed, but upper-middle and luxury consumer spending remains strong [2] - Government shutdown negatively impacts lower to middle-income consumers, widening the K-shaped economy [3] Retail & Inventory - Overall inventory levels appear to be in good shape, with some inventories brought in early to manage tariff impacts [5] - Managing margins against higher costs due to tariffs will be a headwind in the first half of 2026 [5] - Promotions are not significantly increasing heading into Black Friday, and Amazon Prime Day in October was solid but not exceptionally strong [6][7] Value & Off-Price Retail - Lower-income consumers are focusing on necessities and value pricing [7] - Value is constituted by brand and price, with off-price retailers, Walmart, and Costco representing value options [8] - Retail real estate landlords are seeing strength in leasing from value players [9]

Financial Performance - The company experienced impact from shutdowns on consumer confidence and traffic in the first quarter [1] - Despite shutdowns, written sales in the retail division increased by 52% [2] - The company increased marketing spend to 34% from 23% [3] - The company ended the quarter with $194 million in cash, up from $187 million last year, even after paying $10 million in regular dividends (39 cents) and $6 million in special dividends [4] Operational Highlights - The company manufactures almost 80% of its products in North America [4][5] - The company delivers products at one price throughout North America [6] - The company is continuously monitoring the impact of tariffs, leveraging manufacturing in Mexico and Honduras [7] - The company emphasizes its vertically integrated structure as a strength [3][5][7]

Economic Outlook - US consumer confidence declined for the third consecutive month in October [1] - The decline is attributed to a less optimistic perspective on the economy [1] - Labor market outlook also contributed to the decreased confidence [1]

Market Trends - Delta CEO Ed Bastian stated consumer confidence has rebounded following a "big impact" from tariffs and economic upheaval earlier this year [1]

Consumer Sentiment - US consumer confidence increased in July [1] - Americans feel more confident about the economy [1] Economic Factors - The increase in confidence is potentially linked to President Trump's tariff agreements [1]

Consumer Confidence - US consumer confidence increased in July [1] - Concerns eased about the outlook for the broader economy and the labor market [1] Economic Outlook - Consumer confidence increased after declining last month [1]

Right. What's changed in the last 6 months that you're looking at full year now coming in lower than where you were expecting things to be in January. Well, given the level of turbulence that we have seen, whe there's geopolitical conflicts going on in multiple regions around the world, you have the impact that we've seen from the tariff battles and all the global trade wars that are being waged.There's been a big pullback over the start of the year starting to wne a little bit but in terms of overall corpo ...