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IMF Downgrades U.S. & China GDP

IMF Downgrades U.S. & China GDP

Schwab Network · Schwab Network

April 24, 20259m 4s

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Show Notes

Jeffrey Kleintop weighs in on the IMF's reduced GDP forecasts for the U.S. and China, and what it means for investors. Despite the downgrade, Kleintop notes that a global recession is still unlikely, but there's a risk of further downside surprises. He's watching shipping traffic and imports for signs of a potential slowdown. He also discusses the ongoing U.S.-China trade talks and the potential impact on the U.S. dollar. He then highlights concerns about a potential supply chain disruption.


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