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New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says
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New China tariffs announced during government shutdown and AI valuation debate are a ‘perfect storm coming together,’ top economist says

1 min read

Expect the new round of tariffs to spur inflation and put "downward pressure" on GDP, he added.

A potentially renewed trade war risks a resurgence of uncertainty in the market, Apollo Global Management chief economist Torsten Slok said Saturday on Fox Business, all while fears of an AI bubble raise doubts about stock valuations and the federal ... [1360 chars]

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Source: Fortune

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