South central kansas | FW30 - 4/2/2025 23:48
Several trillion of investment into moving production to the US has already been announced, so once that money flow starts, it will be a huge stimulus to the US economy. Such a large investment makes a recession in the near future, highly unlikely IMHO.
I hope your right but IMO it is wishful thinking about firms coming back with tremendous investment in the short term (3-6 months), it will take many more months for that investment to take hold and have any effect on GDP. The headwinds imposed on GDP by the tariffs over the short term are too numerous for any investments to counteract. GDP NOW is forecast in the first Quarter is forecast to fall by 3.7 %, the greatest amount since the covid collapse of '20. Over the longer term, IMO, you will be right but over the short term, the path of least resistance appears to be recession...if the Tariffs stay or are escalated. |