JPMorgan reduces recession prediction following Trump’s agreement with China on tariffs.
Economic Update Following Tariff Adjustments EJ Antoni, a senior fellow at Unleash Prosperity, has provided insights on the new Republican tax bill during a segment on Varney & Co., prompting a discussion about the current state of the US economy. JP Morgan has adjusted its outlook on the likelihood of a recession in the US, […]
Why the Federal Reserve may struggle to keep up as worries about a recession grow
Economic performance indicators can sometimes feel a bit outdated. You see, “soft data,” which reflects emotions and expectations, often has a forward-looking perspective. However, there’s noticeable tension between what market players anticipate and what Federal Reserve officials observe. Currently, homes and businesses are shifting toward a more pessimistic outlook. They worry about an economic slowdown […]
Trump’s tariffs will be difficult even in the absence of a recession.
Many economic analysts have recently revised their projections for U.S. economic growth downwards, which raises concerns about a potential recession stemming from President Trump’s announcement of “Liberation Day” on April 2. This adjustment seems warranted given the unexpectedly high tariff increases and a noticeable decline in consumer and business confidence metrics. Following this, Trump postponed […]
If you want a recession, eliminate this business deduction and be patient.
When Donald Trump became president in January, there was a consensus among his advisors about the urgent need to revisit the 2017 Tax Cuts and Jobs Act. Without intervention, a looming 22% tax increase could negate much of the financial progress made over the past decade. Continuing tax reforms offers businesses and investors the kind […]
40% believe the US is in a recession, according to a survey.
About 10% of Americans believe the US is in a recession, but a third disagree. A new poll from The Economist/YouGov, set to be released on Tuesday, sheds light on these views. The survey indicates that 40% of US adults feel the nation is experiencing a recession, while 35% do not share that belief. Interestingly, […]
Republicans become uneasy following Trump’s remarks on tariffs and recession.
On Monday, Senate Republicans expressed growing unease following President Trump’s weekend comments indicating that some tariffs might be permanent. He also suggested that the U.S. could manage a short-term recession. For weeks, GOP members have felt the pressure as instability sparked by the Trump administration’s policies raised concerns over how the economy is being handled. […]
Chevron CEO Minimizes Recession Concerns, Commends Trump, Calls for Caution Regarding Chinese Impact in Venezuela
Chemical Executive Discusses Economic Outlook and Venezuela’s Oil Situation Mike Worth, the CEO of Chevron, recently spoke on FNC’s Sunday Morning Futures, where he expressed support for the economic policies implemented during the Trump administration and minimized concerns regarding a potential recession in the U.S. Nevertheless, he acknowledged that China’s influence on oil-rich Venezuela continues […]
Ron Johnson on the possibility of a recession: “You need to take decisive action”
Senator Ron Johnson (R-Wis.) has observed that the economic strategies of the Trump administration have contributed to concerns over a possible recession, emphasizing the need for decisive action to address the current turmoil. During an appearance on CNN’s “Union Nation” on Sunday, he discussed the recession risks linked to President Trump’s tariff policies. Trump, on […]
6 methods to safeguard your retirement funds during a recession – USA Today
Concerns about retirement are rising as older adults face challenges from tariffs and stock market downturns. For instance, Vicky Knight, a retired teacher and part-time yoga instructor from Marietta, Georgia, shared her worry about her financial situation. She finds her Social Security benefits insufficient, especially as the market has been hit by uncertainties linked to […]
‘SNL’ mocks Trump signing executive orders: ‘Recession will now be referred to as recess’
On Saturday Night Live, President Trump’s reconsideration of executive orders was humorously represented, with the recession being rebranded as “now called a break.” The cold opening kicked off with James Austin Johnson portraying Trump, reflecting on his first 100 days in office. “Well, it’s been 100 years since I became president,” Johnson joked as Trump. […]