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Are people 'panic buying'? Economist explains which big purchases you may want to make now

8 12
25.05.2025

(NEXSTAR) – As the White House announced a slate of tariffs, Americans headed straight to car lots. Reddit threads encouraged expecting parents to act now and secure a car seat and stroller before it's too late. Others questioned whether they should buy Christmas presents now, far ahead of the holiday season.

As tariffs have been announced and then scaled back, many consumers are left unsure of what to do and tempted to make big purchases or stock their pantries now in case prices suddenly skyrocket.

"There’s panic buying going on and panic selling by investors, too," Gene Munster, managing partner at Deepwater Asset........

© The Hill