Ed Yardeni Cuts Recession Odds, Citing Resilient J…
From Financial Modeling Prep: 2025-05-06 02:20:00
Wall Street strategist Ed Yardeni lowers U.S. recession probability to 35%, down from 45% in March, citing stronger labor market data and potential trade negotiations. Despite recent market volatility, economic fundamentals and political factors may prevent an imminent downturn.
Yardeni references “Waiting for Godot” metaphor for recession, highlighting recent job report boosting confidence in labor market strength. While Leading Economic Indicators suggest a slowdown, Coincident Indicators show record activity levels, indicating resilience in the economy.
Trump’s decision to delay key tariffs eases market fears, signaling possible U.S.-China negotiations ahead of midterm elections. Yardeni sees potential for de-escalation in trade tensions, reducing risks of a 2025 recession. Investors can track economic indicators through the Economic Calendar API for real-time updates.
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