Categoría
🗞
NoticiasTranscripción
00:00I certainly think prices are going to increase in the United States. There's going to be
00:18rising voter anger. Probably a recession could be triggered. That will ripple around the
00:23world because production around the world will decrease as American consumption decreases.
00:28So I think it's going to drive everybody into a race towards the bottom. We will be looking
00:33at 5% or more unemployment in the United States. We'll be looking at probably a mild recession
00:39heading into a deeper recession if one has not already occurred.
01:08U.S. equities were the biggest fallout of this week's crisis. I think the biggest win
01:14that could happen would be a complete reversal of all the tariffs that were announced. I
01:21think that would only be the only short-term win we could see that would cause equities
01:27to rally.