As economic uncertainty grows in the U.S., most major financial institutions including JP Morgan and Goldman Sachs have updated their forecasts to predict a recession in 2025. Consumer confidence has fallen to its lowest point since the COVID-19 pandemic, with many Americans planning to reduce spending.
Against this backdrop of trade war tensions that have caused global markets to lose $10 trillion temporarily, “Shark Tank” investor Kevin O’Leary offers a contrarian view. O’Leary
O’Leary suggests that recession fears may be exaggerated, though he acknowledges that the U.S.-China trade relationship will play a crucial role in shaping the Federal Reserve’s monetary policy this year.
The Fed, traditionally independent but now facing pressure from the Trump administration, is being closely watched for potential interest rate cuts amid persistent inflation and volatile markets.