HomeMarketsU.S. EconomyShapiro: 'Volatility Spiral' Looking at 'Economic Catastrophe' – Unless Trump is Bluffing

Shapiro: 'Volatility Spiral' Looking at 'Economic Catastrophe' – Unless Trump is Bluffing

“We’re in a volatility spiral,” Jacob Shapiro says. He expects a global shift ahead, looking at strong declines in trucking & port data. He thinks Trump is “bluffing on everything” because the U.S. risks a “massive economic catastrophe” otherwise. He thinks we could start to see major impacts in 2Q, including empty shelves at the grocery, and into 3Q if we don’t see any deals made in the next 4-6 weeks. He thinks there is a “5%-10% chance of depression” right now.

The Watch List

25 Apr 2025

SHARE

ON AIR
6:00 am
Market Overtime
replay
12:00 am
Trading 360
REPLAY
1:00 am
Fast Market
REPLAY
2:00 am
Next Gen Investing
REPLAY
education
3:00 am
Your First Trade
REPLAY
education
3:30 am
Inside the Mind of a Trader
REPLAY
education
4:00 am
Inside the Mind of a Trader
REPLAY
education
4:30 am
Inside the Mind of a Trader
REPLAY
education
5:00 am
Your First Trade
REPLAY
education
5:30 am
Your First Trade
REPLAY
ON AIR
6:00 am
Market Overtime
REPLAY
education
7:00 am
Inside the Mind of a Trader
REPLAY
education
7:30 am
Inside the Mind of a Trader
REPLAY
education
8:00 am
Inside the Mind of a Trader
REPLAY
8:30 am
Market Overtime
REPLAY
education
9:00 am
Your First Trade
REPLAY
education
9:30 am
Your First Trade
REPLAY
education
10:00 am
Your First Trade
REPLAY
education
10:30 am
Your First Trade
REPLAY
education
11:00 am
Your First Trade
REPLAY
education
11:30 am
Your First Trade
REPLAY
education
12:00 pm
Your First Trade
REPLAY
education
12:30 pm
Your First Trade
REPLAY
education
1:00 pm
Your First Trade
REPLAY
education
1:30 pm
Your First Trade
REPLAY
2:00 pm
Trading 360
REPLAY
3:00 pm
Fast Market
REPLAY
4:00 pm
Next Gen Investing
REPLAY
5:00 pm
Market Overtime
REPLAY
education
5:30 pm
Inside the Mind of a Trader
REPLAY
education
6:00 pm
Inside the Mind of a Trader
REPLAY
education
6:30 pm
Inside the Mind of a Trader
REPLAY
7:00 pm
Market Overtime
REPLAY
8:00 pm
Market Overtime
REPLAY
8:30 pm
Market Overtime
REPLAY
9:00 pm
Trading 360
REPLAY
10:00 pm
Fast Market
REPLAY
11:00 pm
Next Gen Investing
REPLAY

Schwab Network's Newsletters

Daily insights for every investor