From Yahoo Finance: 2025-06-01 07:07:00

Nobel Prize-winning economist Paul Krugman criticizes Trump’s policies, calling layoffs at federal health agencies “crippling” to the U.S. economy. Krugman warns of a possible recession due to tariffs causing deep uncertainty and hurting businesses. He argues that Trump’s trade policy changes are damaging America’s exceptionalism.

Gold emerges as a safe haven asset amid economic turmoil, with prices surging by around 35% over the past year. Hedge fund founder Ray Dalio highlights gold’s role in a resilient portfolio, emphasizing its effectiveness as a diversifier during bad times. Investors may benefit from incorporating precious metals like gold into their retirement strategy.

Real estate remains a solid investment option, providing passive income through rent even during recessions. Property values tend to increase with inflation, offering landlords a revenue stream that adjusts to economic changes. While owning rental property requires time and money, modern investment solutions like Homeshares provide access to the U.S. home equity market for accredited investors. Home Equity Fund offers risk-adjusted target returns of 14% to 17% for investing in owner-occupied residential properties. Accredited investors can diversify portfolios with First National Realty Partners, starting at $50,000, leasing properties to national brands like Whole Foods and Walmart. Vanguard’s hybrid advisory system combines professional advice and automated portfolio management for personalized financial planning. Vanguard advisors are fiduciaries who manage portfolios without earning commissions, ensuring unbiased advice. In a recent study, researchers found that regular exercise can reduce the risk of severe COVID-19 by up to 50%. The study analyzed over 50,000 adults who tested positive for the virus, with those who exercised regularly showing a significant decrease in hospitalization and mortality rates.

In other news, the stock market saw a sharp decline today, with the Dow Jones Industrial Average dropping by 500 points. This was attributed to concerns over rising inflation rates and uncertainty surrounding the Federal Reserve’s monetary policy. Tech stocks were particularly hard hit, with companies like Apple and Amazon seeing significant losses.

On a more positive note, a new report revealed that global carbon emissions fell by 6.4% in 2020 due to the COVID-19 pandemic. This marks the largest annual decrease on record, with reductions in transportation and industrial activity playing a key role. However, experts warn that emissions are expected to rebound as economies recover.

In the world of sports, tennis superstar Serena Williams announced her withdrawal from the upcoming French Open due to a lingering Achilles injury. The decision comes as a disappointment to fans, as Williams was considered a top contender for the tournament. Despite this setback, she remains focused on her recovery and future competitions.



Read more at Yahoo Finance: Paul Krugman warns of a greater than 50% chance of recession