Major Brokerages Scale Back Recession Odds After U.S.-China Trade Truce

The tariff truce between China and the United States has precipitated an immediate change of forecasts among analysts on the evolution of the first world economy, subtracting options from the hypothesis of a dry slowdown in activity. JP Morgan has placed the probability of a recession in the United States below the 50% threshold, Goldman Sachs has reduced it from 45% to 35%, and Barclays completely discards that scenario. In parallel, many entit…

Major Firm Drops Recession Prediction to below 50% After Trump-China Deal

Ever feel like you’re watching a tennis match, but instead of a fuzzy yellow ball, it’s the latest economic forecast whizzing past your head? One... The post Major Firm Drops Recession Prediction to below 50% After Trump-China Deal appeared first on Patriot Journal.

The tension over a possible economic disaster was paused when, after months of the alarm of an impending recession, the US and China reached a trade agreement. The context? President Donald Trump's announcement of "liberation" of tariffs that wreaked havoc on Wall Street. But now, it seems that the waters have returned to their channel, at least according to some financial giants. According to the original report, both JPMorgan and Goldman Sachs…

Recession warnings fade after Trump rolls back tariffs

A U.S.-China trade agreement allayed fears but uncertainty remains, analysts said.

JPMorgan lowers recession probability after Trump's tariff truce with China

JPMorgan trimmed its forecast for the probability of the U.S. economy entering a recession this year after President Donald Trump reached a deal to temporarily lower the tariffs he imposed on imported goods from China.The president announced Monday that a deal has been reached to lower the "reciprocal" tariffs he imposed to lower the overall tariff rate on Chinese goods from 145% to 30% for 90 days while negotiators work to finalize a longer-ter…

Victor Davis Hanson: ‘Real Economic Boom’ ‘Nobody’s Talking About’ Could Be Coming

Hoover Institution Senior Fellow Victor Davis Hanson said Tuesday on his show that President Donald Trump’s negotiations with China and other policies could bring a “real economic boom” to the U.S. The Trump administration began its first negotiations with China on Saturday, with Treasury Secretary Scott Bessent announcing Sunday that “substantial progress” had been made since the […] Victor Davis Hanson: ‘Real Economic Boom’ ‘Nobody’s Talking A…