Recession odds are rising
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The firm estimated the collective impact of Trump's immigration, fiscal and tariff policies will subtract about 1.2% from gross domestic product growth over the next year.
From UPI
Goldman Sachs has nearly doubled the odds of a US recession, warning that President Donald Trump's sweeping new tariffs could drive up prices, slow growth, and force the Federal Reserve to cut interes...
From Putnam Daily Voice
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Uncertainty about the tariffs to be applied and possible retaliation from its trading partners is already having an impact on the economy
If the United States is about to enter a recession, as some economists fear, it will be one of the most widely anticipated downturns in recent memory. Americans have had lots of time to prepare. But are we ready?
U.S. President Donald Trump's push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger a near-term recession, International Monetary Fund Managing Director Kristalina Georgieva said on Monday.
If the United States is about to enter a recession, as some economists fear, here are some things to do to prepare.
Mark Cuban, the billionaire entrepreneur and investor, believes a “Rural Red Recession” is coming and imminent due to actions by the Trump administration.
Economic conditions have shifted quickly as the Trump administration started a trade war and created uncertainty with its federal workforce and funding cuts.
If we knew a recession was coming, most investors would stop putting money into the stock market. To be fair, most stocks would likely fall -- at least a little -- if a recession were to arrive in the United States.
12dOpinion
The New Republic on MSNRepublicans Have Found Another Way to Kick-Start a RecessionLast week, after Musk saw a huge drop in a single day (not unrelated to the market-wide fall caused by Trump’s tariffs and recession waffling), the president refashioned the White House into a car dealership and held an eerie promotional event where he pretended to drive a Tesla.
Consumer confidence has fallen to its lowest in two and a half years and long-term inflation expectations are at their highest since 1992, new survey shows