The first 100 days of President Donald Trump’s second term have been marked by economic changes, including over 100 executive orders and potential tariff impacts. While hard data hasn’t fully reflected these shifts yet, uncertainty looms large.
Tariffs could lead to inflation surges and stock market volatility. Sentiment data shows consumer confidence has declined since the start of the year. The S&P 500 experienced fluctuations tied to tariff announcements, and job seekers appear willing to accept lower wages due to anxiety about employment prospects.
Small business optimism has cooled from post-election highs, with owners scaling back sales growth expectations. The effective tariff rate could reach its highest level in over a century, potentially affecting industries differently. Economic policy uncertainty has surged, impacting consumer and investor confidence.
The dollar index has fallen to its lowest since 2022, partly due to concerns about Federal Reserve policies and tariff implications. The bond market has also shown sensitivity to tariff moves, with the 10-year Treasury yield fluctuating significantly.
— new from Business Insider
