Summers Warns US Is Likely Heading for a Recession
April 8, 2025
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8:54Now PlayingSummers Warns US Is Likely Heading for a Recession
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as posted by the channelFormer Treasury Secretary Lawrence Summers warned that the US is now likely headed toward a recession, and two million jobs could be lost due to President Donald Trump's tariffs. Summers, a Harvard University professor and paid contributor to Bloomberg TV, says he expects markets to head lower. He speaks on Bloomberg Television’s Wall Street Week with David Westin.
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