CEOs brace for recession even after tariff reprieve boosts markets

By Mary Schlangenstein, Jaewon Kang and Hannah Levitt | Bloomberg
Donald Trump’s 90-day reprieve on some tariffs sent the stock market soaring Wednesday. But the chaos sown by the president’s trade war means corporate America is planning for a recession.
Corporate chiefs from Delta Air Lines to Walmart are warning of a wave of pessimism that’s swamping demand and making it difficult to predict what’s to come. Jamie Dimon, the JPMorgan Chase & Co. chief executive offic