Data: US Consumer Confidence Index Falls to Second Lowest Level in History, Recession Risk Rises

BlockBeats News, November 8th, KobeissiLetter released a market analysis stating that the U.S. Consumer Confidence Index has dropped to its second lowest level in history, currently below the low point of 2008. Inflation expectations are deteriorating, the U.S. economy is beginning to experience a slowdown, and the risk of recession is increasing.