US consumers are freaking out. Australian investors should worry
Donald Trump’s tariffs have smashed confidence at the same time as household wealth has taken a whack from falling shares. April 2 looms larger by the day.
The hunt for signs of a coming US recession has taken to the skies.
Macroeconomics firm Pantheon has dug into the data about air travel and found some disturbing signs. Growth in passenger numbers in the US plunged to zero last month, compared with about 2.7 per cent in January. So far this month, the growth has continued to flat line.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
