US EditionBlackRock CEO: Economy ‘weakening as we speak’
- US President Donald Trump acknowledged challenges in American markets while pausing tariffs for 90 days, stating, "We're trying to get the world to treat us fairly".
- Concerns regarding the UK potentially banning quantitative easing have intensified, with economists warning it could lead to significant economic troubles soon.
- Goldman Sachs raised the chances of a US recession to 45% as market conditions worsen amid recession fears.
- Economists warn that banning quantitative easing could expose the UK to financial risks, as highlighted by William Allen of the National Institute of Economic and Social Research.
90 Articles
90 Articles
Stock market chaos: ++ After an escalating tariff conflict – Trump rebuilds its advisory team ++ Liveticker
In the midst of the tariff conflict, Donald Trump has rebuilt his advisory team. Meanwhile, Blackrock CEO Larry Fink sees the first signs of a recession in the US – and warns of consequences for the retirement provision of millions of people. All developments in the live ticker.
Maybe We Need Recession Pop Right Now
Recently, the word on everyone’s mind has been, unfortunately, “recession.” When President Donald Trump was asked about the possibility of the U.S. economy heading into a recession during a March interview with Fox News, the president refused to confirm or deny the possibility but alluded to a period of economic transition. In an interview with CBS News on March 11, U.S. Commerce Secretary Howard Lutnick said Trump’s economic plan is “worth it”…
Markets Plummet as Tariff-War Woes Fuel Exodus from US Assets
Less than 24 hours after President Donald Trump backtracked on his once-in-a-century trade war to prevent a meltdown in financial markets, frantic selloffs hit US stocks, bonds and the dollar yet again as fears of a worldwide recession engulfed Wall Street.
'We may already be in a recession' | Markets react to volatile economic shifts as tariffs paused, uncertainty looms
"We may already be in a recession," said Shaun Davies, an associate professor of finance at CU Boulder. "But we typically don't know until we're in it."
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