Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown

Video Credit: Oneindia
Published 2 weeks ago - Duration: 03:04s

Global market crash: Goldman Sachs increases recession odds to 45% after market meltdown

Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn.

Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for 2025 to 0.5%.

The move comes after a global market meltdown, with China experiencing its biggest crash since 2008 and the EU facing harsh tariffs of 20%.

Meanwhile, JPMorgan highlights US trade policies as the biggest risk to the global economic outlook, as retaliation, supply chain disruptions, and business uncertainty intensify.

With Wall Street witnessing a $6.6 trillion wipeout in just two days, investor Bill Ackman warns that these policies could lead to an "economic nuclear winter." As countries like Canada and the EU consider stronger responses, the global trade landscape enters a volatile new phase.

#Trump #StockMarketCrash #Economy #RecessionFears #FederalReserve #JPMorgan #GlobalRecession #Tariffs #TradeWar #WallStreet #ChinaCrash #USEconomy #GoldmanSachs #InterestRates #EconomicChaos Also Read China, US On Collision Course As Trade Spat Fuels Geopolitical Rift; Beijing Vows To ‘Fight To The End’ :: https://www.oneindia.com/international/china-us-on-collision-course-as-trade-spat-fuels-geopolitical-rift-beijing-vows-to-fight-to-the-e-4117775.html?ref=DMDesc Viral Posts Rename Black Monday To ‘Orange Monday’ Amid Global Market Jitters :: https://www.oneindia.com/india/viral-posts-rename-black-monday-to-orange-monday-amid-global-market-jitters-4116865.html?ref=DMDesc The Trump Fiasco: How A Tariff Blitz Crashed The World Economy, What’s Next?

:: https://www.oneindia.com/international/the-trump-fiasco-how-a-tariff-blitz-crashed-the-world-economy-what-s-next-4116797.html?ref=DMDesc


You are here


💡 newsR Knowledge: Other News Mentions



Bill Ackman

American billionaire hedge fund manager (born 1966)




Related videos from verified sources

Breaking: Trump Halts Tariffs for 90 Days: China Left Out, Global Markets in Turmoil | WATCH 02:19
Video credit: Oneindia - Published 2 weeks ago 

Trump Wants Americans DROWNING in Wealth! White House Karoline Leavitt Can’t Stop Praising President 05:53
Video credit: Oneindia - Published on March 12, 2025 

You might like