Polymarket’s latest data shows a rise in recession bets to 57%, compared to 44% last week. Goldman Sachs and JPMorgan now project recession risks of 45% and 60% respectively. Market concerns stem from trade tensions and tariffs imposed, reflecting negatively on both the economy and crypto markets.
Economists have revised US growth projections down to 1.4% for 2025, a drop from 2.2% just a month ago. The uncertainty caused by tariffs from President Trump and potential shifts in trade relations have contributed to increased recession fears, impacting overall market sentiment.
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