U.S. Economy 'Slowing for Sure' Into 4Q, Economist Shepherdson Says

The video discusses the economic slowdown as we enter Q4, influenced by political factors and trade war uncertainties. Business and consumer confidence are dipping, with hiring and capital spending slowing. Manufacturing is depressed globally, but US prices rise due to tariffs, leading to inflation concerns. The Federal Reserve faces challenges in addressing these issues, as markets expect rate cuts.

What is the primary reason mentioned for the economic slowdown as we enter Q4?

• Increased consumer spending

• Natural disasters

• Technological advancements

• Political factors

Which factor is becoming a significant drag on the economy?

• Rising oil prices

• Trade war uncertainty

• Technological disruptions

• Increased taxation

What is happening to business and consumer confidence according to the speaker?

• Consumer confidence is increasing, business confidence is decreasing

• Both are increasing

• Both are dipping

• Business confidence is increasing, consumer confidence is decreasing

How are tariffs affecting manufacturing prices in the US?

• They are causing prices to fall

• They have no effect on prices

• They are causing prices to rise

• They are stabilizing prices

What challenge might the Federal Reserve face next year according to the speaker?

• Managing a surplus

• Increasing interest rates

• Dealing with deflation

• Responding to creeping inflation