Why one veteran economist is doubling down on his 2025 recession call after Trump's victory

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• Economist Steve Hanke still thinks the US is on track for a recession early next year.
• That's due to a recent contraction in the money supply, which preceded past downturns, he told NYSE TV Live.
• Trump's tariffs could also weigh on consumer demand, he said, exacerbating the economic outlook.

The US economy is still likely to slow into a recession next year — and Trump's election victory may have just made the economic outlook even more challenging...