Trump's US: Strong GDP Hides Fading Confidence, Rising Unemployment

• US economy grew 4.3% in Q3, beating expectations, but current indicators show distress.
• Unemployment hit 4.6% (4-year high), inflation at 2.7% (above Fed's 2% target).
• Consumer sentiment plunged to 2008 financial crisis levels, showing five consecutive monthly declines.
• Analysts warn of a 'hiring recession' and increased risk of a downturn by 2026.
• Growth is unequal, with wealthy driving consumption and AI-related spending dominating industrial growth.

Why It Matters: Despite strong Q3 GDP, the US economy faces fading confidence, rising unemployment, and unequal growth.