Reported 2 days ago
The stock market is currently focused on the question of whether the recent U.S. economic slowdown is a temporary soft patch or a sign of an impending recession. Companies, particularly in consumer goods, are expressing concerns about reduced spending and the effects of tariffs, with analysts predicting recession probabilities as high as 75%. Recent earnings reports from firms like FedEx and Nike reveal the impact of economic uncertainty, suggesting that investors are bracing for a larger economic downturn.
Source: YAHOO