OAN’s&nbsp;<a href="https://www.oann.com/tag/alicia-summers">Alicia Summers</a> 1:20 PM – Tuesday, November 26, 2024 Americans are feeling more optimistic about the economy, with the Conference Board’s November Consumer Confidence Index rising to 111.7. The Present Situation Index also saw a significant increase, and the Expectations Index remains well above recession levels. Ed Sidell, CEO &amp; Chief Investment Advisor at EGSI Financial, joins Alicia Summers to discuss the optimism and whether Trump’s new Treasury pick, Scott Bessent, could be contributing to the shift. Plus, they dive into Trump’s proposed 25% tariffs on Mexico, Canada, and China, and the potential economic impact of the move. <figure class="wp-block-video"><video autoplay="" controls="" loop="" poster="https://www.oann.com/wp-content/uploads/2022/04/vid-poster-image.jpg" src="https://d1cc0p6j4uj4n9.cloudfront.net/23bda4eb-f869-456f-9ed8-a8a233a80915/mp4/450d324a-69d6-488b-b5f9-5c6d014dc1a3_Mp4_Avc_Aac_16x9_1280x720p_30Hz_3.5Mbps_qvbr.mp4" width="100%" height="auto"></video></figure>

Ed Sidell, CEO & Chief Investment Advisor at EGSI Financial, joins Alicia Summers to discuss the optimism and whether Trump's new Treasury pick, Scott Bessent, could be contributing to the shift. Plus, they dive into Trump's proposed 25% tariffs on Mexico, Canada, and China, and the potential economic impact of the move.{ai:summary}Consumer confidence in the U.S. has increased, with the Conference Board's November Consumer Confidence Index reaching 111.7. The Present Situation Index also showed notable growth, while the Expectations Index remains above recession thresholds.Experts, including Ed Sidell, discuss the implications of this optimism and how Trump's proposed 25% tariffs on Mexico, Canada, and China may affect the economy. #economy

Consumer Confidence Rises As Trump Eyes Tariffs And Economic Shifts

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