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"A recent report by Apollo Global Asset Management has gone viral for its bold predictions around tariffs: empty shelves in May, and a recession by June. As always, there’s more to this story than meets the eye.
Whereas the report suggests there could be a massive stagflationary shock, its author, Torsten Slok, is actually calling for a fairly run-of-the-mill recession, followed by economic recovery.
However, this ultimately depends on what the final tariffs look like. This has yet to be decided, and it could have profound impacts for the economy, the markets, and your life.
Be sure to stick around until the end to find out what really comes next…"
~ Coin Bureau
0:00 Intro
0:38 Empty Shelves In May, Recession By June
4:05 Recession, But Not Stagflation
7:46 China US Tariffs
11:02 Consumer Confidence, Layoffs
14:38 The Headlines vs. The Report
17:23 What Does It Mean For You?
Source - Coin Bureau YouTube:
https://www.youtube.com/watch?v=pYMxusvy-AE
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
