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Downgrade fever is here. It's coming in from private sources as well as central banks, in the US as well as outside of it. The global economy's loss of momentum has become too much to ignore any longer. While that just means everyone will blame tariffs, all those are doing is waking everyone up to what's been happening for some time already. Eurodollar University's Money & Macro Analysis Atlanta Fed GDPNow https://www.atlantafed.org/cqer/research/gdpnow Bloomberg Fed’s Goolsbee Warns of Tariff-Induced Pullback in Spending https://www.bloomberg.com/news/articles/2025-04-01/fed-s-goolsbee-warns-of-tariff-induced-pullback-in-spending CNBC #RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online https://www.cnbc.com/2025/03/27/young-americans-are-losing-confidence-in-economy-and-it-shows-online.html CNBC First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey https://www.cnbc.com/2025/03/31/first-quarter-gdp-growth-will-be-just-0point3percent-as-tariffs-stoke-stagflation-conditions-says-cnbc-survey.html Bloomberg Pimco Favors Stable Returns From Bonds as Recession Risk Builds https://www.bloomberg.com/news/articles/2025-04-01/pimco-favors-stable-returns-from-bonds-as-recession-risk-builds OECD March 2025 https://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2025_89af4857-en.html OECD December 2024 https://www.oecd.org/en/publications/2024/12/oecd-economic-outlook-volume-2024-issue-2_67bb8fac.html OECD November 2010 https://www.oecd.org/content/dam/oecd/en/publications/reports/2010/12/oecd-economic-outlook-volume-2010-issue-2_g1ghbb4a/eco_outlook-v2010-2-en.pdf Bloomberg France’s 2025 Economic Growth Forecast to Be Cut, Minister Says https://www.bloomberg.com/news/articles/2025-04-02/france-s-2025-economic-growth-forecast-to-be-cut-minister-says https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |