Right. So why are markets absolutely tanking today? Well, today is not the day to look at your retirement or investment accounts because you'll probably be really, really upset. We see all three major indices in the red today after just yesterday, President Trump declined to say that he didn't think a recession could be a possibility in 2025. In an interview with Fox News, the president actually said that he expected an anticipated a period of, quote, transition as he continues to implement. And raise tariffs against three of our trading partners, Canada, Mexico and China. And with the retaliatory tariffs that we're getting back from those three countries, we are seeing consumers going to be hit with higher prices and markets continuing to take a leg lower. And that's essentially why markets are having a temper tantrum today as investors do fear that a recession could possibly be coming on the way.
Supply Chain Executive at Retired Life
1dRecession Quotes by Top Minds. “A recession is when your neighbor loses his job. A depression is when you lose yours.” ~Ronald Reagan “Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.” ~Norman Lamont https://www.supplychaintoday.com/recession-quotes-by-top-minds/