Miami Beach, Florida. -Point72’s Steve Cohen believes that as President Donald Trump’s aggressive trade and immigration policy may reduce economic growth, the bull market may see a difficult journey in the second half of 2025. Cohen said at a conference on Tuesday’s ICONNECTIONS GLOBALS: “Ironically, this is very interesting that if he implements tariffs, especially tariffs and immigrants, it will actually slow down, instead of increasing growth in 2025.” The famous hedge fund investor also has the Metropolitan Metropolitan team in New York. He said that tariffs will apply inflation pressure and hinder consumer expenditure. Immigration suppression may slow down the supply of workers and lead to a decline in employment rates. Cohen believes that these negative effects may offset or even eliminate the benefits of tax reduction and relaxation control. Cohen said: “I think this is not a good background in 2025.” “I hope that the market will be more difficult in the second half in the next few months. Careful attitude, but in the next few decades, investment around artificial intelligence is still optimistic. Cohen is expected to maintain a level of 2.6 %. He believes that the US economy’s growth rate in the second half of 2025 is 1.5 %, which is slower than the expected increase in the first half of the year. Cohen said: “In the second half of the year, we actually think that the situation will slow down.” “We believe that due to the flow of immigration, the supply of labor is limited and the employment rate will decline. Therefore, it is difficult for the Fed to achieve its inflation goals.” The S & P 500 Index has just the second consecutive year of annual income of more than 20 %, which has received confidence in low interest rates, economic strength and artificial intelligence profits. So far, the stock benchmark has increased by 3 %.
Steve Cohen said that if not yet | Real Time Headlines
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