Roberts: If Tariffs Stay, ‘We’re Likely to be in a Recession by the End of the Year’

“I’d be careful selling here,” says Lance Roberts, arguing that because tariffs were worse than expected, any sign of relief could bring the markets back higher. He walks through several charts for the market, using technical analysis to assess the S&P 500 and where it could move next. “If tariffs stay where they are, we’re likely to be in a recession by the end of the year.”

The Watch List

04 Apr 2025

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