Apollo Global Management predicts a recession by the Summer of 2025 due to declining CAPEX plans and record-low consumer confidence amid tariffs. Despite a recent market rally, falling freight rates ...
The economic impact of the tariffs imposed by the Trump administration will soon become apparent to everyday Americans and lead to a recession this summer, according to Apollo Global Management.
Trump's tariffs could trigger a US recession by summer, Apollo's chief economist said. Tariffs on China could slow trade significantly in the coming weeks, hitting trucking and retail. Executives have ...