Recession Risks Rise as Stocks Selloff on Tariffs

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Wall Street economists predict a US recession this year and a return to pandemic-level inflation due to the Trump administration's announcement of major tariffs on global trading partners. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, talks about the risks of rising inflation and what the Federal Reserve might do next.
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Smoot should have taught US lesson. Round 2 depression

gregjohnson
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Nice to hear a stock market person for once not simply dismissing the inflation risk as something the Fed will just ignore and of no other importance to the economy.

animusadvertere
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Trump tax is a consumption tax. The most unfair tax to the middle income and lower income folks! The price of bread means nothing to trump. It means for this 80 year old Grandma...a struggle!

judithelaine
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Unreal! His quickest bankruptcy so far. What a legend 😂

sidneyalberts
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The greatest tax increase in American history!

scotiabuildinginspector
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Think about all the farming jobs coming back. Getting excited about my chance to get out there and pick lettuce.

ChristopherGrahamCS
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I hope who ever is elected after Trump invests in EDUCATION.

ChristopherGrahamCS
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The tariffs will have an effect on tRump merch

jamesrobertson
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Any wealthy individual wondering what it's like to be poor and homeless should find out soon enough.

Another-Address
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swiftdude
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Im buying, be greedy when others are fearful.

hostileaks
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I think the tarriffs caused the recession leading to depression

angelachanelhuang
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The consequences of all this activity include the USD and the stock market unusually falling simultaneously, affecting the value of foreign investment in the USA, particularly if unhedged.This decreases the USA's status as an investment destination and the USD's status as the world currency. The cost to the USA would be immense if the USD were to lose its outrageous privileged status.

erongi
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Luigi mode actived, first him, the annoying orange.

Itsbully
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It's time. The Twenty-fifth Amendment. NOW.

adoptsalot
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It's time for another round of stimulus checks

hannibalkemet
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Finally! Someone bringing manufacturing jobs back to America! So cited! Raise your hand if you want a manufacturing job! Anybody? Hello? Is this thing on?

rabbitfood
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Been heading into recession for a while!

mikerogers
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What are they going to do when yet again trump ends up right on the money!

mikerogers
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