E-Learning

Recession warnings fade after Trump rolls back tariffs

Recession alarms blared across Wall Street in the aftermath of President Donald Trump’s “Liberation Day” tariff announcement last month, but a recent trade agreement between the U.S. and China has dialed back many of those warnings. JPMorgan on Tuesday lowered its odds of a recession this year from 60% to below 50%, meaning the U.S. is more likely to grow in 2025 than enter a downturn. Similarly, Goldman Sachs reduced its chances of a recession this year from 45% to 35%.

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3 Absurdly Cheap Stocks Trading Near Their 52-Week Lows

Three stocks that are struggling today are Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Merck (NYSE: MRK), and Block (NYSE: XYZ). Shares of Alphabet have been sinking amid worries that a breakup of the company may be inevitable due to antitrust issues. Shares of Alphabet are down 16% since the start of the year, and the stock was 10% away from its 52-week low of $142.66.

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