Major Brokerages Scale Back Recession Odds After U.S.-China Trade Truce
- Odds of a U.S. Recession in 2025 fell below 50% after a trade deal announcement with China, as reported by Polymarket.
- The trade deal was announced by the White House following high-level talks between the U.S. And China in Geneva.
- Strategist Ed Yardeni raised his S & P 500 target to 6,500 and decreased his recession forecast to 25%.
- Yardeni stated he expects the Federal Reserve will not cut interest rates this year due to the U.S. Economy's resilience.
Insights by Ground AI
Does this summary seem wrong?
30 Articles
30 Articles
All
Left
6
Center
8
Right
5
Trump China Tariffs Recession Fears Just Got Crushed - American Faith
JPMorgan is dialing back its recession forecast following President Donald Trump’s temporary tariff rollback on Chinese imports. The bank now estimates the chance of a U.S. recession in 2025 has dropped below 50%, down from a 60% likelihood previously projected. The shift came in a Tuesday note from JPMorgan Chief U.S. Economist Michael Feroli, who credited Trump’s 90-day pause on aggressive China tariffs as a stabilizing move. The agreement red…
Coverage Details
Total News Sources30
Leaning Left6Leaning Right5Center8Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 32%
C 42%
R 26%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage