Downgrades are coming in from all over the place, this one from America’s top CEOs. Worse than that, critical segments of the bond market wholeheartedly agree with the increasingly dire assessments, making multiyear lows of their own. Moreover, the latest data on consumer credit fans the flames of ongoing liquidations.
Eurodollar University’s Money & Macro Analysis
CNBC CEOs think the U.S. is ‘probably in a recession right now,’ says BlackRock’s Larry Fink
https://www.cnbc.com/2025/04/07/ceos-think-the-us-is-probably-in-a-recession-right-now-says-blackrocks-larry-fink.html
Bloomberg Goldman Boosts Recession Risk, Brings Forward Fed Rate-Cut Call
https://www.bloomberg.com/news/articles/2025-04-07/goldman-boosts-recession-risk-brings-forward-fed-rate-cut-call
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