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Stock impact report

Trump economy still has one key believer: Teens [Yahoo! Finance Canada]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Despite economic uncertainty on the rise as Trump tariff talk morphed into reality, teens appear to be taking things in stride. About 57% of US teens surveyed in Piper Sandler's closely watched "Taking Stock" spring research report said the economy was getting worse, down from 67% in the fall of 2024 and 65% last spring. The report — released on Wednesday — showed that 19% think the US economy is getting better, up from 10% last fall and 11% last spring. Teen spending increased 6% to $2,388 on an annualized basis, with around 40% going toward food and clothing, the survey found. Some of their top retail brands skew to more expensive items: Nike ( NKE ) Jordan sneakers, Ugg boots from Decker's Outdoor ( DECK ), and Lululemon ( LULU ) leggings. Whether this teenage optimism persists is in question as their parents are likely smack in the middle of dealing with falling stock prices and prospects for much higher prices as tariffs penetrate supply chains The survey may not yet ref Show less Read more
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