JPMorgan lowers its recession odds
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President Donald Trump's approval rating rose this week as Americans worried less about his handling of the economy and prospects of a recession, according to a Reuters/Ipsos poll.
The Gabelli Utility Trust offers an 11.26% yield, significantly higher than peers, but its high premium and distribution sustainability are concerns. Read the full analysis on this CEF here.
These days, a lot of people are worried about a recession. And that includes everyday consumers and experts alike. Much of that fear stems from uncertainty around tariffs. It’s too soon to know exactly how much more expensive costs are going to be once the full impact of tariffs takes hold.
Major brokerages have scaled back their U.S. recession forecasts following a temporary tariff truce between the U.S. and China, which has fueled optimism for easing global trade tensions. Goldman Sachs reduced its U.
The president faces his toughest sales pitch yet: convincing his base that a recession is a necessary step on the path to greatness.
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Mainstream measures have been slow to detect the impact of tariffs and uncertainty, leaving economists to scour earnings calls and private-sector data sources.
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Since U.S. President Donald Trump’s April 2 reciprocal tariff announcement, the 10-year Treasury yield has whipsawed in a 75-basis-point range, plunging to a six-month low and then rebounding to a two-month high within a week, driving a key bond volatility index to an 18-month high.
Bettors on Polymarket and Kalshi slashed their recession outlooks below 50% after the US-China tariff deal was announced over the weekend.
President Trump's tariffs have tripped many recession alarms, and economists expect the U.S. could soon experience an economic downturn. Some of the most populous states in the South are the least prepared for a recession,
The U.S. economy has gone through 34 recessions since 1854. During a recession, GDP might decline by 2% up to as much as 5%.
Some videos focused on “recession" or “budget" meals and recipes have cropped up on the popular social media platform TikTok in recent months.