2 Question Tuesday – 02/25/2025 – What Is Your View on Falling Consumer Sentiment? What Do You Think about the ‘Mar-a-Lago’ Accord?
Welcome to 2 Question Tuesday. This week’s client submitted questions were:
- What is your view on falling consumer sentiment?
- What do you think about the ‘Mar-a-Lago’ accord?
Phil, Mike, and Larry talk about last week’s stock market selloff after the Consumer Sentiment Index fell to 64.7 in February, a 10% drop from January’s number, and the lowest since November 2023. They then discuss the rumors of a so-called ‘Mar-a-Lago Accord’, in which President Trump could dramatically restructure America’s debt load by forcing some of the U.S.’s foreign creditors to swap their Treasurys into ultra long-term bonds to ease the country’s debt burden. This could possibly upend the entire global financial order.
Submit your questions to question@2questiontuesday.com
As always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.