Wall Street’s recession odds are starting to look like a coin flip as Trump refuses to back down on his trade war

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Wall Street’s recession odds are starting to look like a coin flip as Trump refuses to back down on his trade war - Fortune

Quick Summary:

"If we would continue down this road of what would be more disruptive, business-unfriendly policies, I think the risks on that recession front would go up".

"If we would continue down this road of what would be more disruptive, business-unfriendly policies, I think the risks on that recession front would go up," Kasman said.

Market gurus Ed Yardeni and Eric Wallerstein said earlier this month that they see odds of a bear market and a tariff-induced recession at 35%, up from 20%.