Experts Say a Recession Is Likely. Here's Warren Buffett's Best Advice for Investors.
The stock market has been on a wild ride over the past several weeks. After plunging by nearly 20% between February and April, the S&P 500 (SNPINDEX: ^GSPC) has rallied by more than 13% in the past month, as of this writing.But with new tariffs now taking effect, many economists are issuing warnings about their impact. Goldman Sachs raised its recession probability to 45% in mid-April, up from 20% just two weeks earlier.Analysts at J.P. Morgan are more pessimistic, with an estimated 60% probability of a recession beginning in 2025, up from their previous estimate of 40%. Both firms noted that recent tariff policies were the trigger behind the probability hikes.Continue reading
The stock market has been on a wild ride over the past several weeks. After plunging by nearly 20% between February and April, the S&P 500 (SNPINDEX: ^GSPC) has rallied by more than 13% in the past month, as of this writing.
But with new tariffs now taking effect, many economists are issuing warnings about their impact. Goldman Sachs raised its recession probability to 45% in mid-April, up from 20% just two weeks earlier.
Analysts at J.P. Morgan are more pessimistic, with an estimated 60% probability of a recession beginning in 2025, up from their previous estimate of 40%. Both firms noted that recent tariff policies were the trigger behind the probability hikes.
