WTF cares what she says? Made a little money when managing a little. Lost huge fortunes when her AUM was large. Average return per dollar is highly negative. Not sure why people listen to her.
“what once seemed like a chaotic situation … could have been a setup … for serious negotiations that will lead to lower tariffs and non-tariff barriers, neither of which would have been possible without the shock therapy that President Trump administered”
No lie, I think a garden-variety recession is the best-case scenario. We could be looking at a full-blown depression, and/or the collapse of US economic hegemony.
I agree. I personally think we’ve been in a recession for the better part of Q1 of 2025 but Market Analysts don’t see what’s happening on the ground through the haze of stock movement. By the time they admit it to themselves we will either be coming out or heading for depression.
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“what once seemed like a chaotic situation … could have been a setup … for serious negotiations that will lead to lower tariffs and non-tariff barriers, neither of which would have been possible without the shock therapy that President Trump administered”
Still, a recession now means they can forecast 10% growth in 2026, right?