Global market turmoil and recession risks due to Trump's tariffs

From Yahoo Finance: 2025-04-03 16:40:00

President Trump’s reciprocal tariff announcement sparks global stock market turmoil, increasing recession risks. Goldman Sachs predicts 35% chance of recession in 12 months, cuts GDP forecast to 1%, and raises year-end unemployment rate outlook to 4.5%.

China and Europe respond to tariffs with potential retaliatory measures, impacting consumer sentiment. Economist Kara Reynolds warns of spending pullback that could lead to recession. Uncertainties in trade dynamics create economic instability.

Analyst praises TransDigm Group (TDG) for rapid growth amid Boeing struggles. Mar Vista Strategic Growth Strategy highlights TDG’s earnings beat in Q3 2024, benefiting from global travel surge. TDG’s commercial aerospace aftermarket thrives as airlines maintain high load factors.

TransDigm Group (TDG) ranks 8th in top stocks to watch for potential recession. While TDG shows promise, AI stocks may offer higher returns in a shorter time frame. Consider exploring an undervalued AI stock for potential gains. No financial disclosure provided.

Read more: Analyst Likes TransDigm Group (TDG) Due to Rapid Growth Amid Boeing Troubles