Why Bill Ackman & Jamie Dimon may be wrong about tariff inflation

Why Bill Ackman & Jamie Dimon may be wrong about tariff inflation

Just like that, hope for the economy tied to the Trump administration's pro-business policies, such as tax codes, have gone up in smoke. In its place is an almost baseline scenario on Wall Street that the US economy will slip into a recession amid bruising new tariffs, while some sources we have talked to suggest the US economy is already in a mild recession and others have voiced concerns about a depression. Federal Reserve Chairman Jerome Powell has acknowledged the challenges the US economy may face this year as tariffs ripple through global supply chains. He also has hinted the Fed’s hands may be tied with respect to an economic slowdown response. Yahoo Finance Executive Editor Brian Sozzi sits down with veteran economist and Independent Institute senior fellow Judy Shelton to get her perspective on the state of the economy as it has been shocked by the Trump administration. Shelton is a long-time critic of Fed policy, and she weighs in on what Powell & co. may do next. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Langston Sessoms Learn more about your ad choices. Visit megaphone.fm/adchoices

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Why Nextdoor is having a founder-led re-founding moment

Why Nextdoor is having a founder-led re-founding moment

Digital turnarounds take time, and are not guaranteed in a world where Google (GOOGL, GOOG) is dropping AI summaries on the web, Meta's (META) Mark Zuckerberg is spending hundreds of millions of dolla...

21 Heinä 202525min

Why Reebok’s founder is taking on the new footwear trade war

Why Reebok’s founder is taking on the new footwear trade war

Reebok co-founder Joe Foster and young entrepreneur Ben Weiss are looking to disrupt the status quo in the footwear industry by creating the Syntilay brand. The footwear brand began making AI-created ...

14 Heinä 202526min

US debt surge: CEO of the world’s largest sovereign wealth fund weighs in

US debt surge: CEO of the world’s largest sovereign wealth fund weighs in

The Trump administration is still reportedly keen on starting a sovereign wealth fund. But details have been scant since initial news hit the public in early February. Even if a US sovereign wealth fu...

7 Heinä 202523min

Inside the pre-July 4 stock market melt-up

Inside the pre-July 4 stock market melt-up

In case you missed it, summer is here, judging by the extreme heat gripping the United States. While many power players on Wall Street often use the summer months to hang out on their gas-guzzling yac...

30 Kesä 202520min

Ochocinco lived at work, Diplo sells his catalog

Ochocinco lived at work, Diplo sells his catalog

Some celebrities are as savvy with their money as a typical Wall Street money manager. The only difference is that oftentimes these celebrities have more money than the money manager! Two examples of ...

23 Kesä 202529min

Candle Media’s CEO unpacks Disney’s next chapter

Candle Media’s CEO unpacks Disney’s next chapter

The media industry is undergoing a significant moment of distress. Predicting what’s coming up is easier said than done, even for top executives. But that doesn’t stop folks from trying! Yahoo Finance...

20 Kesä 202533min

Here’s the next big investing theme in the Trump economy

Here’s the next big investing theme in the Trump economy

It could be a pressure cooker of a summer for the US economy, and not because of the warmer weather. Tariffs from the Trump administration don’t appear to be going anywhere anytime soon, forcing busin...

18 Kesä 202524min

General Catalyst CEO: An AI driven power crisis lurks

General Catalyst CEO: An AI driven power crisis lurks

The often hard-charging venture capital industry hasn’t been immune to the economic uncertainty that has hung over markets this year. There were 79 venture capital transactions surpassing the $100-mil...

16 Kesä 202526min

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