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Trump says US will experience 'period of transition' when asked if economy could see a recession this year

1. Commerce Secretary insists there's 'no chance' of an economic decline. 2. Trump acknowledges a 'period of transition' but avoids predicting recession. 3. Atlanta Fed predicts a -2.8% contraction in Q1; Goldman Sachs sees 20% recession likelihood. 4. JP Morgan suggests a 35% chance of recession within a year. 5. Overall, government statements are conflicting regarding economic stability.

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FAQ

Why Neutral?

Conflicting signals about potential recession introduce uncertainty, historically leading to market volatility.

How important is it?

Economic statements influence market sentiment, particularly in the context of S&P 500 fluctuations.

Why Short Term?

Short-term volatility likely as investors react to economic forecasts and government statements.

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