Trump says U.S. recession still possible
Portfolio Pulse from
President Donald Trump acknowledged the possibility of a US recession, suggesting the economy needs time to transition. His comments indicate economic uncertainty and potential challenges ahead for the US economic landscape. Additionally, former Bank of England governor Mark Carney, now positioned as Canadian Prime Minister, criticized Trump's tariff policies.
March 18, 2025 | 11:30 am
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Trump's recession warning could create market uncertainty, potentially impacting broad market indices like SPY.
Presidential statements about potential recession can trigger market nervousness, potentially leading to short-term sell-offs and increased volatility in broad market ETFs like SPY.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 70