Billionaire investor's negative view on U.S. economy
Billionaire investor Steve Cohen expresses negative view of the U.S. economy due to tariffs, immigration crackdown, and federal spending cuts, predicts slowing growth and potential stock market pullback.
Key Points
- Billionaire investor Steve Cohen criticizes U.S. economy due to tariffs and immigration crackdown
- Cohen predicts U.S. economy's growth to slow down to 1.5% from 2.5% in the second half of the year
- Cohen warns of potential stock market pullback amidst uncertain macroeconomic environment