- Wary of the risk of an economic downturn after Trump’s so-called Liberation Day tariffs, 20% of Americans say they are “doom-spending” as a way to cope with fear, anxiety, or pessimism about the future, according to a new report. While delinquencies are already on the rise, consumers are also stockpiling goods and making substantial purchases.
Amid the fallout of President Donald Trump’s so-called Liberation Day tariffs that sent the stock market spiraling, some Americans are doom-spending out of fear of higher prices, a report shows.
