The Slow Motion Train Wreck

Recession is coming - full steam ahead

April 29, 2025

We're watching an economic disaster unfold in slow motion. The train has left the station, the brakes are shot, and we're speeding toward an inevitable collision. What makes this particularly unsettling is that we've had front-row seats to this approaching catastrophe for over a month now. The collision is unavoidable, but the full impact won't be felt by most consumers for months – with the economic damage becoming increasingly contorted and mangled as the year progresses.

The False Dawn Before the Storm

The most troubling aspect of this economic train wreck is the false signal it's currently sending. Apollo Global Management's latest report reveals a clear pattern of pre-tariff stockpiling and accelerated purchasing - creating a temporary economic mirage (Apollo Global Management, 2025, p.4).

Since the announcemen…