Shark Tank star and investor Kevin O'Leary recently addressed the ongoing discussion surrounding the recession risk. He uploaded a video clip from his CNN interview on Instagram on April 23, 2025. When asked about the likelihood of recession, he stated:
The Shark Tank investor further underscored that the outcome hinges on the duration of tariff disputes, particularly with China. Read on to know what else he said during the interview.
Kevin O'Leary addressed the recurring projections of an economic downturn, pointing out that such predictions have yet to be accurate. While acknowledging that probabilities range between 32 and 55 percent, he maintained that the U.S. is not currently in a recession.
Instead, he stressed the influence of external trade dynamics. He explained that the resolution of specific international agreements may impact economic direction.
However, he added that the dispute with China is multifaceted, involving issues such as "IP theft," limitations on market access, and matters related to the World Trade Organization.
O'Leary noted the global scale of the U.S. economy as a factor in evaluating recession risk. He mentioned that the United States accounts for 26 percent of the world's gross domestic product and nearly 40 percent of global consumer goods.
He emphasized the country's role in the international market by referring to it as a "large economy." This positioning, he suggested, places the nation in a unique category when examining potential downturns. He also discussed market behavior in the context of economic pressure.
The Shark Tank investor acknowledged that such corrections often stem from factors like trade disputes. He referred to the S⁘P 500 specifically, noting that these events are not outliers but part of a recurring cycle.
O'Leary explained that he is not adjusting his investment strategy in anticipation of a recession, stating he is not "investing for a recession" at this time. The Shark Tank star also referenced current valuations in the market, indicating a comparative drop from recent months.
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