"Official" economic data may be on pause with the federal government shutdown but surveys shows Americans are extremely worried about jobs, inflation, grocery prices, car prices and the economy overall. Even CEOs are getting more worried about conditions as reported on business news networks.
Brief yet severe scare in the stock market this week as recent bankruptcies from car related companies has shaken regional bank stocks and other financial services companies. In addition car loans deficiencies are on the rise as new car prices soar.
The overall economic outlook is grim as continued talk of an internet like bubble related to technology and ai stocks continue along with talk of the another 2008 type financial crisis swirl around stocks and businesses in general.
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