Tariffs, uncertainty dim 2025 outlook: Mohamed El-Erian
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Renowned economist Mohamed El-Erian has increased his US recession probability from 10% to 25-30%, though he still considers a recession unlikely. He cites the US economy's structural strengths, potential deregulation, tax cuts, and low energy prices as mitigating factors against an economic downturn.
March 18, 2025 | 11:30 am
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El-Erian's increased recession probability could create market volatility for broad market ETFs like SPY
Increased recession probability suggests potential market pullback, impacting broad market ETF performance
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 80