In This Article:
"Shark Tank" star Kevin O’Leary isn’t sounding the alarms just yet. In an April 23 LinkedIn post, O’Leary addressed concerns about a looming recession, calling them overblown. “Markets correct 20% all the time,” he said, framing current volatility as business as usual rather than a red flag.
O’Leary stressed that despite four years of recession predictions, the economy remains stable — and he views the current downturn as a potential “buying opportunity” for smart investors.
Don't Miss:
-
Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share!
-
Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share.
O’Leary Says Recession Fears Are Overstated
In the post, O’Leary challenged ongoing forecasts suggesting a 32% to 55% probability of a U.S. recession.
He stated, “We’ve been talking about recession now for four years in a row. Forecasters of recession have been wrong for four years straight.” According to O’Leary, the U.S. economy continues to perform solidly despite geopolitical uncertainty and fluctuating projections.
Much of the recent market anxiety, he argued, stems from tariff battles, particularly with China. He believes agreements with countries like the UK, Canada, and Mexico could reach a resolution soon, potentially easing pressures.
Trade Tensions Stir Up New Risks
O'Leary’s focus on trade echoes broader concerns across industries. Flexport CEO Ryan Petersen warned in an April 17 X post, “Thousands and then millions of American small businesses, including many iconic brands, will go bankrupt this year if the tariff policies on China don’t change.”
Trending: Can you guess how many retire with a $5,000,000 nest egg? The percentage may shock you.
Technology firms are also feeling the heat. Companies like Alphabet (NASDAQ:GOOG, GOOGL)) posted better-than-expected Q1 earnings amid tariff fears, signaling cautious optimism in the sector.
For now, the biggest hurdle remains finalizing an agreement with China over intellectual property rights, market access and World Trade Organization policies.
S&P 500 Drops Could Signal Deals
Rather than panicking over recent dips, O’Leary sees an opportunity. On X, he shared that historical data shows the S&P 500 often rebounds after corrections, describing it as “nothing new for the S&P 500” and “a buying opportunity.”