Paul Donovan, the chief economist at Global Wealth Management, highlights the increasing risks of recession. He emphasizes the effects of U.S. tariffs on the global economy. As trade barriers rise, market volatility escalates, leaving many concerned about future prospects. Donovan’s insights suggest that without constructive dialogue and policy shifts, the risks will continue to escalate. Economic stability depends on addressing these challenges head-on. Understanding these dynamics becomes essential for investors and policymakers as they navigate this complex environment.