This is what Trump is going to call Joe Biden’s overhang.
Are we in a recession? Let’s do a vibe check
The US economy is contracting faster than expected. Is it a recession?Maybe. For a variety of reasons, we can’t start bandying the R-word around just yet. But what we can do is step back, look at the data, and — in my very technical analysis — run a vibe check.
The upshot: It feels like we’ve got a lot of recession energy.
On Wednesday, government data showed economic growth contracting for the first time in three years. Gross domestic product, which measures all the goods and services produced in the economy, fell in the first three months of the year at an annualized rate of 0.3% — a much sharper decline than most economists predicted. It’s also a stark decline from the quarter before, when the economy expanded by 2.4%.
Is A Recession Coming In 2025?
President Trump’s sweeping tariffs on U.S. imports have added a hefty dose of risk to an already volatile economic outlook, and several key indicators point toward a recession in 2025.The 10% across-the-board tariffs could be damaging enough. However, with some import duties rising as high as 50% for major trading partners like China, India, and the European Union, economists and market analysts warn that tariffs could dampen consumer spending, hurt manufacturers, and weigh down overall economic growth.
Add rising inflation, aggressive interest rate policies, and mounting consumer debt to the growing political uncertainty, and the likelihood of a recession before year-end increases substantially.
Is A Recession Coming In 2025? What Investors Should Know
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