Monday, April 7, 2025

In Matter of Days, Outlook Shifts From Solid Growth to Recession Risk

 https://www.wsj.com/economy/in-matter-of-days-outlook-shifts-from-solid-growth-to-recession-risk-027eb2b4?mod=hp_lead_pos3

The economy was chugging along. Then came Trump’s dramatic tariff increase.

The stock market went off a cliff last week after President Trump announced the highest tariffs in more than a century, vaporizing more than $6 trillion of wealth in two days.

Whether the real economy will follow is impossible to know. But the risks are tilting in that direction. 

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