Uncertainty over US economic growth vs. recession, impacting large companies

From Yahoo Finance: 2025-03-23 08:30:00

The biggest question facing markets is whether US economic growth represents a slowdown or a recession. JPMorgan strategist Bruce Kasman predicts a 40% recession probability, the second highest on the Street. Large public companies like FedEx and Nike are feeling the impact, with FedEx CEO mentioning uncertainty in the market and Nike projecting a sales decline in the next quarter due to tariffs and slow-selling styles. Investors were hit with a reality check on Nike’s earnings call, highlighting the challenges of navigating a global trade war.



Read more at Yahoo Finance: The biggest question facing the stock market