Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown
Video Credit: Oneindia - Duration: 03:04s - Published
Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown
Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn.
Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for 2025 to 0.5%.
The move comes after a global market meltdown, with China experiencing its biggest crash since 2008 and the EU facing harsh tariffs of 20%.
Meanwhile, JPMorgan highlights US trade policies as the biggest risk to the global economic outlook, as retaliation, supply chain disruptions, and business uncertainty intensify.
With Wall Street witnessing a $6.6 trillion wipeout in just two days, investor Bill Ackman warns that these policies could lead to an "economic nuclear winter." As countries like Canada and the EU consider stronger responses, the global trade landscape enters a volatile new phase.
#Trump #StockMarketCrash #Economy #RecessionFears #FederalReserve #JPMorgan #GlobalRecession #Tariffs #TradeWar #WallStreet #ChinaCrash #USEconomy #GoldmanSachs #InterestRates #EconomicChaos
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Just three days before the Trump–Putin meeting, Russia and Ukraine have launched heavy attacks, intensifying the war. Russia struck a Ukrainian training center with banned cluster munitions, killing one and injuring 11. In retaliation, Ukraine hit a Russian command post in Donetsk, killing the commander of the 85th Rifle Brigade, call sign “Dniepr,” and five soldiers. With diplomacy stalling and both sides trading deadly blows, the fate of the conflict appears to be decided on the battlefield rather than at the negotiating table.
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Zelensky is reportedly preparing a major push to reclaim Sumy ahead of the highly anticipated meeting between U.S. President Donald Trump and Russian President Vladimir Putin. The move comes amid speculation that the two leaders may discuss potential territorial concessions, fueling geopolitical tensions and raising questions about the future of Ukraine’s sovereignty.
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Ukrainian President Volodymyr Zelensky has issued a stark warning to Donald Trump over his upcoming Alaska meeting with Vladimir Putin, claiming the Russian leader harbors a hidden agenda and is nowhere near ready for genuine peace. Zelensky cautioned that behind the optics of diplomacy lies Putin’s true objective
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What is the main use of plastics in Europe amid Global Plastics Treaty negotiations?
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Credit: euronews (in English) Duration: 01:30Published
EU calls for 'transatlantic unity' ahead of Trump-Putin summit in Alaska
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#FederalReserve #InterestRates #TrumpVsFed #Economy2025 #RateCuts #USPolitics #WhiteHouse #EconomicCrisis #FinanceNews #WallStreet #BreakingNews
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The India US Tariffs issue is grabbing global attention. With Trump imposing an additional 25% tariff on Indian goods, raising the total to 50%, serious questions are being raised. Why is India being targeted for Russian oil imports while China escapes sanctions? The India US Tariffs move could be linked to Operation Sindoor, energy geopolitics, and Trump's global ambitions. Is this trade pressure a diplomatic tool? The India US Tariffs episode could define the future of Indo-US ties.
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