White House potentially engineering a recession in the U.S. economy
Wall Street pro suggests that the Trump administration may be trying to engineer a recession in the U.S. economy.
Key Points
- Traders are pricing in the possibility of a recession
- Charlie McElligott, a strategist at Nomura, suggests the Trump administration may be planning a recession
- Discussion focuses on the options market and global macroeconomics
Pros
- Insightful analysis from a Wall Street veteran
- Raises awareness about possible economic strategies
Cons
- Could potentially lead to negative consequences for the economy