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How a top economist sees a US recession materializing by this summer

1. Trump's tariffs may trigger a US recession by summer. 2. Slok predicts a significant slowdown in trade impacting trucking and retail. 3. Executives express recession concerns during earnings calls. 4. Corporate earnings outlook shows sharp declines since COVID-19 pandemic. 5. Recession odds now at 57%, up from 19% before tariffs.

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FAQ

Why Bearish?

The anticipated recession and its impact on consumer spending can harm S&P 500 valuations.

How important is it?

Widespread recession fears and tariff impacts can significantly influence S&P 500 performance.

Why Short Term?

If the recession hits as predicted, S&P 500 could face immediate selling pressure.

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