Traders and investors on Wall Street have been closely monitoring a significant downturn in the broader market averages ever since President Donald Trump’s controversial “Liberation Day” on April 2. During Trump’s address, the president revealed the implementation of reciprocal tariffs, a move that sent shockwaves through the financial markets.

Wall Street was able to rally on Wednesday after the news of a 90-day pause on tariffs towards 75 countries but did not include China. While markets rallied on Wednesday they are back lower handedly on Thursday as traders grapple with the potential long-term impact of escalating trade tensions. 

Highlighted below are what some of Seeking Alpha’s analysts are saying about if the U.S. will fall into a recession or not. 

SA analyst John Bowman stated: “Despite sensationalist headlines, I believe fears of a recession are overblown; Q1's negative GDP is driven by net exports, not economic slowdown,” in Recession Fears Are Overblown. 

SA analyst Victor Dergunov said: “Despite recent market volatility and fears of recession and stagflation, I believe the market is overreacting and not weighing long-term fundamentals accurately,” in Why The 'Trump Recession' May Not Materialize. 

SA analyst Millennial Dividends echoed: “Finally, the time has come when the newly US-elected government introduced the long-awaited tariffs policy, which is likely to harm US in the near term, sending the US economy into recession, wiping out billions from retirement accounts, taxing its own citizens, and weakening the US standing globally,” in S&P 500's Next Stop: Recession. 

SA analyst James A. Kostohryz outlined: “Trump's tariffs are likely to trigger a US recession, given the already weak state of the US economy. We think that even a mild business cycle recession is likely to cause an S&P 500 decline of more than -40%,” in Can't Put Toothpaste Back In The Tube: Tariff, Recession And Bear.

Market. Market Tracking ETFs: (NYSEARCA:DIA), (NYSEARCA:DDM), (NYSEARCA:DOG), (NYSEARCA:DXD), (NYSEARCA:SDOW), (NYSEARCA:SPY), (NYSEARCA:VOO), (NYSEARCA:IVV), (NYSEARCA:RSP), (NYSEARCA:SSO), (NYSEARCA:UPRO), (NYSEARCA:SH), (NYSEARCA:SDS), (NYSEARCA:SPXU), (NASDAQ:QQQ), (NASDAQ:QQQM), (NYSEARCA:QLD), (NASDAQ:TQQQ), (NYSEARCA:QID), and (NASDAQ:SQQQ).