Reported 2 days ago
Recent analysis suggests that the stock market has not fully factored in the likelihood of a recession linked to President Trump's tariffs. Historical patterns indicate that during previous recessions, stocks have experienced larger declines than the current drop of 18.9% in the S&P 500, indicating that further losses may occur if a recession is confirmed. Economists are raising the odds of a recession, with predictions ranging from 45% to 60% in the coming year, prompting Wall Street strategists to lower their S&P 500 forecasts significantly.
Source: YAHOO