Part 3/9:
In the midst of this market chaos, opinions on the likelihood of a recession fluctuate significantly, with estimates ranging from a 40% to a 60% probability of impending downturns. The conversation suggested that a contributing factor to current economic strains could be the international trade deficit and its impact on GDP. The complexity of the current economic environment also suggests that many investors are hesitant to make sudden moves, particularly as the weekend approaches, likely exacerbating any fear-driven selloffs.