U.S. consumers have money to spend, [and] they probably will. The labor market in the U.S. remains reasonably firm, and with energy prices coming down a bit and probably some tax cuts and deregulation coming, I don't think there's an imminent recession risk,
I don't think we will talk about a U.S. recession. The U.S economy is resilient, I would say, largely despite Donald Trump,
The more benign macroeconomic backdrop that investors had in mind going into 2025 has arguably been shattered,
Fiscal policies will be the primary driver of almost everything that matters to investors,
There is a period of transition, because what we're doing is very big,
He's not going to step off the gas,
Despite elevated levels of uncertainty, the US economy continues to be in a good place,
Federal government job losses could be larger than expected, and laid-off workers could pull back on their spending, leading to slower job growth in other industries,