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Dollar Struggles to Recover Materially Amid Tariff Uncertainty -- Market Talk
Fed Rate Cuts to Come, But Not Before 2H -- Market Talk
Jim Cramer Dismisses Recession Panic: Says Tariffs May Sting, But Too 'Many Jobs' For Economy To 'Derail'
U.S. Treasurys Seen Pricing in Likely Fed Rate Cut Soon -- Market Talk
Institutions have released a timetable, predicting that the USA will fall into recession this summer.
Apollo Global Management states that the economic impact of the tariffs imposed by the Trump administration will soon be evident to ordinary Americans and may lead to an economic recession this summer. The company's chief economist, Torsten Slok, outlined a timeline in a report to clients indicating when the effects of the tariffs announced by President Trump might impact the USA economy. The report notes that based on the transportation time for importing commodities from major Asian countries, American consumers might start to notice trade-related shortages in local stores next month. He wrote in a report to clients last Friday: "The result will be in a few weeks.
"Shadow Fed Chairman" Waller: Indulging in fiscal extravagance and misjudging the economic situation, the Fed's predicament is all "self-inflicted."
Wosh stated that the Federal Reserve is straying from its primary responsibilities, trying to act as an "economic master planner," failing to fulfill its statutory duty of maintaining price stability, and also exacerbating the chaotic expansion of federal spending. This overreach is eroding the legitimate foundation of the independence of MMF policy.
