"Disruptive U.S. policies has been recognized as the biggest risk to the global outlook all year," J.P. Morgan strategists said in a research note on Thursday. Allianz's Chief Economic Advisor Mohamed El-Erian also warned on Friday that the risk of a U.S. recession "has become uncomfortably high."

Goldman Sachs economists hiked their odds of a recession over the next year from 20% to 35% in a downbeat note to clients Sunday, raising their forecasts for inflation and unemployment and cutting their economic growth prediction; JPMorgan economists have an even more pessimistic 40% recession probability.

The U.S. was already flirting with the first decline in economic growth in three years before President Donald Trump unveiled his latest round of tariffs on Wednesday. Now economists say two quarters of negative growth or even a recession can’t be ruled out.

Leading Wall Street firms are updating their forecasts to reflect a rising probability of the U.S. economy entering a recession this year, as fears of a widening trade war could hurt consumers ...

The prospect of an escalating trade war, along with the slide in consumer and business confidence, has nearly doubled the probability of a U.S. recession in the next 12 months, according to ...

President Trump’s escalating trade war and sliding consumer confidence has doubled the probability of a recession to 35%, according to Goldman Sachs. CNBC Senior Markets Correspondent Dominic ...

Trump's tariff increase could cost U.S. households $700 billion, the largest de facto tax hike since LBJ needed to finance the war in Vietnam.

A day after issuing a scathing assessment of President Donald Trump's key economic agenda, JPMorgan’s top economist raised estimates the odds of a global recession at 60%. Analysts at JPMorgan Chase warned late Wednesday that the impact of Trump’s new set of tariffs — which they dubbed “the largest tax increase since the Revenue Act of 1968" —