J.P. Morgan: American consumer pessimism towards the economy has slightly eased.

date
14/05/2025
Analysts at J.P. Morgan stated in a research report that as global tensions ease, the tone of the Trump administration's trade policy has softened, and consumer confidence in the United States appears to be improving. The analysts said that market sentiment has risen in the past two weeks and is currently roughly at the same level as the week of "Liberation Day". They emphasized that in recent weeks, there has been a strong positive reversal in sentiment among older, more educated consumer groups. Overall, market sentiment is still below the peak in mid-January, but analysts said, "We have stopped falling."