Pessimistic
Last updated: 2026-03-13 15:29:47 ET
Pulse AI Brief
Updated Mar 13, 2026 3:00 PM ET
The Commerce Department slashed Q4 GDP growth to 0.7% annualized, down from the 1.4% initially reported—a stunning 50% downgrade. Consumer spending collapsed to 2% growth from 3.5% in Q3, signaling demand weakness even before the Iran conflict began hitting supply chains.
The revision confirms the economy is running on fumes heading into 2026, raising recession odds and pressuring equity valuations. Traders like Stephen Weiss at Short Hills Capital are sitting in cash, calling this "not a trading market"—a signal of institutional caution.
The 43-day government shutdown in fall 2025 created structural headwinds that persist. Combined with Iran conflict uncertainty and a Supreme Court tariff ruling still in flux, the economic outlook is opaque and skewed toward downside risk.
The development represents the latest tit-for-tat move in right-wing Nawrocki’s ongoing row with the centrist government.
From prison on his scheduled execution day, Charles “Sonny" Burton said he feels he “dodged death" after receiving clemency. He called the decisio...
Texas death row inmate Cedric Ricks, convicted of murdering his ex-girlfriend and her 8-year-old son, apologized to a surviving victim before executio...
A focus on three key sectors has driven a 50 per cent increase in profit, double-digit percentage growth in turnover and a record order book at Balfou...
San Jose police are investigating a potential antisemitic hate crime following a violent attack at Santana Row. Authorities say the suspects allegedly...
Charles Burton was involved in a store robbery in which his accomplice shot and killed a customer.
Republican Kay Ivey called execution unfair since Charles ‘Sonny’ Burton, who will serve life in prison, didn’t fire fatal shotSign up for the B...
As the US waives its ban on India buying Putin’s oil for 30 days, Europe must bolster its own measures, such as stopping the flow of luxury carsDona...
'International leader in consular protection'
Recusal application against district court judge Penelope Wass yet to be determined amid row with DPPFollow our Australia news live blog for latest up...
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