Thu. 17 Apr 2025
☀️ 14°C in Dublin
🎮 Games
Date: 08-apr-2025
Major financial institutions including Goldman Sachs and JPMorgan Chase have significantly revised their 2025 economic forecasts, raising alarms about an impending global recession. The adjustment comes amid mounting concerns over aggressive trade policies, slowing global demand, and persistent inflation — triggering unease across financial markets.
Following the escalation of U.S.–China tariff tensions this week, economists are increasingly worried that prolonged trade disruption could push key economies into contraction. On Monday, Goldman Sachs increased the probability of a U.S. recession within the next 12 months to 45%, while JPMorgan placed it at 60%.
“The combination of elevated inflation, tightening financial conditions, and deteriorating business sentiment creates a dangerous mix,” said a note from JPMorgan’s economic team.
The Dow Jones Industrial Average plunged over 500 points earlier today, falling below 38,000 for the first time in months. Tech stocks and cyclical industries are among the worst hit, with investors shifting toward safer assets like bonds and gold.
With uncertainty rising, financial experts advise a strategic reassessment of portfolios. Here are steps investors can consider:
“Panic selling is rarely a winning move,” notes economist Laura Benton. “This is a time to stay informed, not impulsive.”
The upcoming Federal Reserve statement and global central bank responses will be key indicators of how policymakers intend to respond. For now, volatility is expected to remain high as investors digest the new economic reality taking shape in early Q2 of 2025.
No comments yet! Be the first one to comment.
Date: 07-Apr-2025
The Dow Jones Industrial Average nosedived below 38,000 as U.S.–China trade tensions and investor anxiety shake Wall Street in April 2025.
Date: 08-Apr-2025
The Dow Jones Industrial Average nosedived below 38,000 as U.S.–China trade tensions and investor anxiety shake Wall Street in April 2025.
