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Animal Spirits Index, Measuring Confidence, Hope, Fear, and Pessimism Turns Negative in March Amid Rising Trade Uncertainty

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The Animal Spirits Index (ASI) in the United States slipped back into negative territory in March 2025, reaching -0.34, according to the latest report from Wells Fargo Economics. This marks the first time the index has fallen below zero since October 2023, signaling a shift in market and consumer sentiment following months of cautious optimism. […]

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