@tutankhamun297: We discuss billionaire Steve Cohen's pessimistic outlook on the U.S. economy. He cites concerns over tariffs, stricter immigration policies, and Elon Musk's aggressive government spending cuts through the Department of Government Efficiency (DOGE). Cohen warns that tariffs act as taxes and could trigger retaliatory measures from trade partners. He also believes that Musk's cost-cutting initiatives may lead to a significant market correction, despite a 2.3% growth rate in late Cohen predicts economic growth could slow to 1.5% later this year, with potential impacts on consumer spending and inflation. #economy #tariffs #immigration #government_spending #market_correction

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2025-02-25 05:15:02

2025-02-25 04:50:58

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