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US Stock Market Rise Masks Economic Slowdown, Future Recession Probability Reaches 35%

Summary: According to sources, a report by Pinhao pointed out the discrepancy between the US stock market and overall economic performance. Despite the S&P 500 index rising nearly 10% year-to-date, there have been fluctuations, with a 20% pullback in April. The report indicates that the annualized growth rate of actual consumer spending in the first half ...

According to sources, a report by Pinhao pointed out the discrepancy between the US stock market and overall economic performance. Despite the S&P 500 index rising nearly 10% year-to-date, there have been fluctuations, with a 20% pullback in April. The report indicates that the annualized growth rate of actual consumer spending in the first half of 2025 is 1%, while actual GDP growth continues to slow. Bloomberg surveys show an average 35% probability of a US economic recession in the next year.

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Link: US Stock Market Rise Masks Economic Slowdown, Future Recession Probability Reaches 35%   [Copy]
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