Business optimism collapses under Trump
Posted: Wed Jun 25, 2025 6:03 am
Business leaders' confidence in the U.S. economy has halved since the beginning of the year, according to JPMorgan Chase & Co., as companies grapple with the impact of President Donald Trump's tariffs and broader geopolitical uncertainties.
The financial services firm's latest Business Leaders Outlook Survey, released Wednesday, found that optimism for the economy fell to 32 percent in June from 65 percent in January. Additionally, 25 percent of respondents said they expect a recession to occur at some point this year, up from only 8 percent in January.
https://www.msn.com/en-us/money/markets ... 9b994e7f4f
The financial services firm's latest Business Leaders Outlook Survey, released Wednesday, found that optimism for the economy fell to 32 percent in June from 65 percent in January. Additionally, 25 percent of respondents said they expect a recession to occur at some point this year, up from only 8 percent in January.
https://www.msn.com/en-us/money/markets ... 9b994e7f4f