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Could a Market Meltdown Trigger the Next Recession?

  • Consumer confidence has dropped to its lowest level in 12 years, with two-thirds of consumers expecting unemployment to rise in the next year.
  • Bank of America economists predict that modest stagflation is likely due to low growth and high prices.
  • The Federal Reserve Bank of Atlanta now expects U.S. GDP to decline by nearly three percent, with a current forecast of-2.8% for Q1 2025.
  • Alan Blinder, a professor at Princeton University, criticized President Trump's economic policies, stating that a recession is now likely and might lead to stagflation.
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Could a Market Meltdown Trigger the Next Recession?

Wolf Richter on Thoughtful Money.

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The New Civil Rights Movement broke the news in on Friday, March 28, 2025.
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