#Latest news with #surprisesWall Street Journal01-06-2025BusinessWall Street JournalWhy the U.S. Economy Will Muddle Through Trump's Tariffs. Probably.Economic data is finally coming in better than expected—but under the surface a puzzle remains, and how it works out matters hugely to investors. 'Soft' survey data is still weakening, and we're getting good surprises only because expectations have plummeted. Meanwhile, the hard data on spending has been fine.
Wall Street Journal01-06-2025BusinessWall Street JournalWhy the U.S. Economy Will Muddle Through Trump's Tariffs. Probably.Economic data is finally coming in better than expected—but under the surface a puzzle remains, and how it works out matters hugely to investors. 'Soft' survey data is still weakening, and we're getting good surprises only because expectations have plummeted. Meanwhile, the hard data on spending has been fine.