Reported about 22 hours ago
Global financial markets are increasingly concerned about recession risks as weak U.S. economic data and escalating trade tensions undermine consumer confidence and business activity. Although a recession is not the baseline prediction for economists, the recent drop in consumer sentiment and U.S. President Trump's new tariffs on Mexico and Canada are raising alarm. Oil prices are falling, stock markets are retreating, and analysts are proposing that these new tariffs could significantly impact U.S. economic growth, prompting many investors to reduce their equity exposure and brace for potential rate cuts.
Source: YAHOO