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This economist says there’s a 90% chance of a recession — unless tariff policies are changed. - MarketWatch

1. U.S. faces 90% recession risk without tariff policy changes. 2. Retailers may go bankrupt; consumer spending could decline significantly. 3. Previous trade war tariffs reduced GDP, forecasts show worsening impacts. 4. Stock futures, including ES00, fell amid ongoing trade war concerns. 5. Gold rises sharply, indicative of a flight to safety.

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FAQ

Why Very Bearish?

Trade war escalation historically correlates with stock market downturns, similar to 2018.

How important is it?

High likelihood of recession affects market confidence and investment in ES00.

Why Short Term?

Immediate tariff impacts and recession fears may trigger rapid market reactions.

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