Reported about 9 hours ago
In this opinion piece, Rick Newman highlights that despite concerns over President Trump's tariffs, the stock market has shown resilience, with recession odds significantly decreasing from a peak of 66% to 26%. Consumers continue to spend while businesses expand payrolls, defying expectations of a downturn. Trump's recent tariff adjustments have seemingly reassured investors, though significant challenges remain, including rising inflation and economic disparities. Ultimately, while a major recession may not be imminent, the economic landscape under Trump's policies remains complex and uncertain.
Source: YAHOO