Recession Fears and Market Chaos—What’s Next for Your Wallet?
President Donald Trump has warned Americans about new tariffs. Especially during his recent State of the Union address. He warned tariffs on China, Canada, and Mexico would cause some economic bumpiness.
“There will be a little disturbance. But we’re OK with that.”
- President Donald Trump, State of the Union address
Not everyone agrees, of course. One audience member immediately shouted out, “No, we’re not.” Later Trump told Fox News, “There is a period of transition because what we’re doing is very big.”
As of this writing, the stock market has not been happy. Due to back-and-forth rhetoric between the U.S. and those three countries. The Dow Jones Average sank 890 points on March 10. The Nasdaq plunged 4% the same day for its worst day since 2022.
Are Recession Concerns Legit?
Art Hogan is the chief market strategist at B. Riley Wealth. He said, “The narrative changes on a daily basis around tariffs. That’s what’s causing all this uncertainty.
“The damage around markets… (about) sentiment is reflected more in the NASDAQ. Because technology stocks are certainly more influenced by risk sentiment.”
Renewed talk about a recession accompanies the market volatility. One poll showed a jump in the number of Americans expecting a recession.
But the fact is, employers are continuing to add jobs at a good pace. Unemployment is remaining low. Inflation is still lagging behind wages.
Wildfires & Severe Weather Poked the Bear
Many financial experts are not concerned about a near-future recession. Due to the main factors causing the unease.
For example, California wildfires and severe winter storms put a lot of people on edge. Consumer spending dropped as a result.
St. Louis Fed President Alberto Musalem said weather was a factor. Causing shopper hesitation. But he added, “The prospects for continued growth look good.
“Part of my optimism about economic activity stems from the labor market. (That’s) where conditions remain solid.”
Inflation Talk Is Returning
But the same financial experts have shown concern about rising inflation. Especially if the tariff wars spiral out of control.
John Williams is the New York Fed President. He said, “I do factor in some effects of tariffs now on inflation, on prices. Because I think we will see some of those effects later this year.”
Philadelphia Fed President Patrick Harker said, “Pressures are building.” And that progress the Fed has seen so far in taming inflation is “at risk.”
Most of the experts expect only two Fed rate cuts in 2025. One in June and one in December.
Russia-Ukraine War Continues to Affect Economy
There are other factors that influence the economy. They have the potential to disrupt the global supply chain.
Chief among them is the war between Russia and Ukraine. Currently the U.S. is trying to establish a 30-day truce. And broker a peace deal between the two countries.
Russia recently presented the U.S. with undisclosed demands. President Vladimir Putin wants them met before he’ll end the war.
It’s assumed these demands include Ukraine not joining NATO. And foreign troops leaving Ukraine. As well as international recognition that Russia owns Crimea and four provinces.
Here’s Something Safer to Invest In
Some Investors are currently deciding whether to sell off part of their portfolios. They’re concerned the stock market will continue to drop.
Others are riding it out. In hopes that things will settle down and stocks will rebound like they nearly always do.
But there is one thing we can always invest in that will hold its value over time. And that’s preparedness..
Survival food, back-up power, and water purification products are at the industry’s core. With meat-based survival food products being among the most important.
My suggestion is to stock up now at today’s prices. Invest in long-term, shelf-stable, “recession-proof” survival food. Your future you will thank you.
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References:
- All testimonials in this advertisement are from real people; sometimes names and photos have been changed to protect their privacy and some were given free products in exchange for their honest feedback. Testimonials represent exceptional results, don't apply to the average purchaser and are not intended to guarantee that anyone will achieve the same results. The organizations, publications and people referenced on this site are not affiliated with 4Patriots. They have not endorsed, sponsored or recommended this product; no affiliation or endorsement is claimed. Terms & conditions apply. Cade Courtley is a former Navy SEAL and Platoon Commander who served 9 years of active duty and has been compensated by 4Patriots for his hard work in helping us test and endorse this product. Cade Courtley is a former Navy SEAL who served 9 years of active duty and has been compensated by 4Patriots for his hard work in helping us test and endorse products.
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