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US stocks diverge from the economy, experts warn of a slowdown in GDP growth in 2025.
According to reports, Pinhao pointed out in a report that there is a discrepancy between the U.S. stock market and overall economic performance. Despite the S&P 500 index rising nearly 10% year-to-date, the process has been bumpy, with a retracement of about 20% in April. The report shows that the annualized growth rate of real consumer spending in the first half of 2025 is 1%, while the real GDP growth rate continues to slow down. A Bloomberg survey shows that the average probability of a U.S. economic recession in the coming year is 35%.