It's The Economy...

Danielle Park, CFA6.48K FollowersFollow5ShareSavePlay(4min)CommentsSummaryUS consumer sentiment sank about 11% this month, extending a decline that began with the start of the Iran conflict, and is currently about 9% below a year ago.The preliminary April sentiment index slumped to 47.6 from 53.3 in March, while inflation expectations rose, current economic conditions hit a record low, and the current financial situation index hit the lowest since March 2009.At the end of February, StatsCan said Canada’s economy contracted 0.6% annualized in the final quarter of 2025. We get the Q1 GDP growth estimate on May 29th. NVS/iStock via Getty Images US consumer sentiment sank about 11% this month, extending a decline that began with the start of the Iran conflict, and is currently about 9% below a year ago. Demographic groups across age, income, and political partyThis article was written byDanielle Park, CFA6.48K FollowersFollowPortfolio Manager, financial analyst, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog:www.jugglingdynamite.com Danielle worked as an attorney until 1997 when she was recruited to work for an international securities firm. A Chartered Financial Analyst (CFA), she now helps to manage millions for some of Canada's wealthiest families as a Portfolio Manager and analyst at the independent investment counsel firm she co-founded Venable Park Investment Counsel Inc. www.venablepark.com. For two decades, Danielle has been writing, speaking and educating industry professionals and investors on the risks and realities of investment behaviors. A member of the internationally recognized CFA Institute, Toronto Society of Financial Analysts, and the Law Society of Upper Canada. Danielle is also an avid health and fitness buff.