Apollo Economist Predicts 90% Chance of Tariff-Driven Recession in 2026
Apollo Global Management’s chief economist warns there is a high likelihood—about 90%—that the United States could enter a “Voluntary Trade Reset Recession” if new tariff policies tied to the Trump administration are implemented. This term refers to an economic slowdown driven by deliberate changes to trade barriers that reduce imports, disrupt supply chains and raise … Read more