#TrumpTariffs

Tariff-triggered turmoil darkens the economic outlook: U.S. manufacturing in contraction, ISM dips to 49.0%, and employment slides—marking the fourth straight month of decline . Markets are jittery: UBS warns inflation could surge to ~5% absent a reversal, with GDP potentially down 1.5–2 points . A brutal “Liberation Day” tariff wave wiped out $3 trillion in market value as S&P‑500 plunged ~10% in two days . JPMorgan now pegs recession odds between 50–60% . With disrupted supply chains, higher consumer prices, and global trade retaliation, the outlook is grim—risking stagflation and broader economic damage. #Bearish