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Trade War Consequences: Apollo Economist Predicts Rapid Descent into Summer Recession

Apollo Global Management warns that Trump’s tariffs could trigger a summer recession, with Americans experiencing store shortages as early as May.

According to their chief economist Torsten Slok, the timeline begins with April’s tariff announcements disrupting shipping from China, leading to supply chain issues by May, retail and trucking industry layoffs by June, and ultimately a recession by summer 2025.

While Treasury Secretary Bessent acknowledges trade tensions with China are “unsustainable,” he doesn’t predict a full recession, and some analysts note existing inventory may delay visible impacts.

Original Source: CNBC

Gold IRA vs Physical Gold
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Gold IRA vs Physical Gold: Which is Best for Your Portfolio? 

Choosing between a Gold IRA and physical gold ownership? Understanding the key differences in tax treatment, storage requirements, costs, and liquidity is essential for making the right investment decision. A Gold IRA offers tax-deferred growth and professional storage within a retirement framework, while physical gold provides immediate control and access without age restrictions. Discover which option—or combination of both—aligns with your financial goals, risk tolerance, and investment timeline to build a resilient precious metals strategy.

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Gold Price Today Holds at $5,000 — What’s Driving It 

Rising gas prices, shifting gold-silver ratios, and a Federal Reserve caught between inflation and slowdown are sending a clear signal: uncertainty is building again. As energy costs climb and policy clarity fades, investors are increasingly turning to gold as a strategic hedge. Meanwhile, central banks continue quietly accumulating the metal—reinforcing a powerful trend that could define the next phase of this market cycle.

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Gold Price Today Holds at $5,000 — What’s Driving It 

Rising gas prices, shifting gold-silver ratios, and a Federal Reserve caught between inflation and slowdown are sending a clear signal: uncertainty is building again. As energy costs climb and policy clarity fades, investors are increasingly turning to gold as a strategic hedge. Meanwhile, central banks continue quietly accumulating the metal—reinforcing a powerful trend that could define the next phase of this market cycle.

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March 17, 2026
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