Jeffries Downgrades Australia's ZIP on consumer sentiment, page-29

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    Watch those bond markets Tradie. They are pricing US debt very very high and squeezy. If tariffs come down bond yields and costs of borrowing go up because they think the US can't pay its debts. If tariffs go up it's anyone's guess, but they will bring on a recession.

    Consumer confidence in the US is at an all time low because of the tariffs and consumer activity is 70% of US GDP
 
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