Karen Firestone, co-founder of Aureus Asset Management, warns that the recently implemented tariffs act like a regressive tax affecting U.S. consumers the most. This situation raises fears of a recession, despite evidence of some consumer resilience. The ongoing debate surrounding tariffs and their economic impact has intensified, highlighting the complexity of the situation as stakeholders wrestle with the potential fallout. The economic landscape remains uncertain, leaving many to question the true stability of the market moving forward.