1. S&P 500 rises 10% despite recession fears due to tariffs. 2. Goldman Sachs predicts 45% recession chance within a year. 3. Apollo's economist estimates 90% recession likelihood. 4. Consumer spending remains strong, inflation concerns grow. 5. Federal Reserve anticipated to cut rates three times this year.
The escalating tariff situation and recession forecasts could lead to reduced investment and growth, negatively impacting financial stocks like APO.
The ongoing economic uncertainty and tariff impacts are critical for large asset managers like Apollo Global Management directly involved in the capital markets.
Tariff effects could quickly show up in consumer behavior and economic data, influencing market conditions in the near term.