Despite worries about the impact of President Trump’s changing tariff policies, the US economy is chugging along. Inflation softened in April, fresh data shows, yet soft data about consumer sentiment remains low.
Smead Capital Management CEO Cole Smead says it’s the US’s deficit that is supporting the economy despite spikes in uncertainty.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
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