Reported about 5 hours ago
The stock market, currently near record highs, is experiencing concerns over tariff uncertainties that may be masking deeper economic issues, according to Neil Dutta from Renaissance Macro. He argues that slowing consumer income, weak housing, and reduced government spending indicate a potential economic downturn, despite the Federal Reserve's current stance of pausing rate cuts. Dutta believes that the focus on tariffs is a distraction from the fundamental signs of economic weakening.
Source: YAHOO