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Empty shelves, trucking layoffs lead to recession in Apollo’s trade war timeline

The Washington Post | The Washington Post | Getty Images The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and lead to a recession this summer, according to Apollo Global Management. Torsten Slok, chief economist at Apollo, laid out a timeline in a presentation for clients … Read more

Americans are getting flashbacks to 2008 as tariffs stoke recession fears

Homemade barbecue pork chops. Katy Perry performs onstage during the Katy Perry The Lifetimes Tour 2025. A woman checks her receipt while exiting a store. iStock| Theo Wargo | Hispanolistic | Getty Images A few weeks ago, as Kiki Rough felt increasingly concerned about the state of the economy, she began thinking about previous periods … Read more

Scaramucci warns tariffs could trigger recession, boost Bitcoin and Europe

Former Trump insider Anthony Scaramucci warns that U.S. tariffs on major trading partners could hurt the economy but benefit Bitcoin. Fears over the effects of U.S. tariffs are still rocking the markets, with traders predicting a potential recession. One of them is Anthony Scaramucci, founder of SkyBridge Capital and former White House Communications Director under … Read more

Intel CFO says tariffs raise chance for economic slowdown, recession

The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. Intel Corp. is scheduled to release earnings figures on April 24. David Paul Morris | Bloomberg | Getty Images Intel CFO David Zinsner said President Donald Trump’s tariffs and retaliation from other countries has increased the likelihood of a recession. “The very … Read more

Ray Dalio fears ‘something worse than a recession.’ If anything his fears are understated

In a recent interview on Meet the Press, financier Ray Dalio, warned of “something worse than a recession” if current financial, economic, and trade issues are not “handled well.” Later in the interview, he warned that if current problems worsen, we could experience a “world order in which there is great conflict.” I agree on … Read more

Recession In the US Confirmed? Fed Warning Triggers Bitcoin Panic

Is a recession in the US confirmed? With the 10-year bond yield once again spiking above 4.40% and equity futures in free fall, the market is fearful of rising inflation and a Fed ready to hold the line against rate cuts. Meanwhile, the cryptocurrency market is a pressure cooker, with Bitcoin at its center. The … Read more

United Airlines readies two landings in the economic fog — weaker but stable and full-blown recession

United Airlines is giving you options.  The $22 billion airline on Tuesday offered up what it called a “bimodal” set of expectations with its guidance benchmark based on two very different macroeconomic views because “a single consensus no longer exists,” United told investors.  “Either the U.S. economy will remain weaker but stable, or the U.S. … Read more

More than 60% of CEOs expect a recession in the next 6 months, survey says

The Goldman Sachs headquarters in New York. Bloomberg | Bloomberg | Getty Images A growing majority of America’s top executives now expects the U.S. economy to enter a recession in the near future, according to a survey released Monday. Of the more than 300 CEOs polled in April, 62% said they forecasted a recession or … Read more

Goldman Sachs sees more room for gold to run higher, hiking its forecast for the precious metal due to growing recession risks

In times of great uncertainty, few assets can outperform gold. The precious metal has been a safe haven for decades—and this year, it’s enjoyed a bull run that has rewarded bullion owners with massive gains. Wall Street investment bank Goldman Sachs now argues the price has further room to run thanks to the growing likelihood of … Read more

More than 60% of CEOs predict a recession or slowdown in the coming months: ‘This uncertainty needs to stop’

The name of the economic game recently has been uncertainty. Thanks to President Donald Trump’s on-again, off-again tariff policies against some of the U.S.’s biggest trading partners, the stock market has been on a tumultuous roller-coaster ride, and consumer sentiment has worsened.  And top business leaders are taking notice. As a result of major economic … Read more

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