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Billionaire investor Steve Cohen doubled down on his negative view of the U.S. economy due to a backdrop of punitive tariffs, immigration crackdown and federal spending cuts spearheaded by the so-called Department of Government Efficiency.

cnbc.comSteve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soonThe CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown and federal spending cuts.

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"first they came for the Jews. I said nothing for I was not a jew." Will you be next? The people put this evil in power. Time to take responsibility and purge the poison. We saw how this goes. History repeats when we don't learn the lesson. Speak up & act out. Here is one small way. #resist

The Crashing Trump Economy thread🧵 bsky.app/profile/edhi...

Ed Hirsch@edhirsch.bsky.social

Expect The Housing Market To Crash Under Trump DR HORTON: The Warning Signs Nobody Is Talking About Why are homebuilder insiders dumping $5.4M in stock while telling the public everything is fine? The data reveals a troubling pattern that signals something worse than 2008. youtu.be/T0nSXsqxccU?...

Putin must have ordered him to keep crashing the economy. Trump knows if the economy fails and people are unemployed he'll be hated. And an insecure person hates to be hated. That's our only hope. That his insecurity is more important than him lining his pockets.

Pray that we see a lower PCE, decent earnings, tangible AI progress and M&A. Those are the things that could drown out all the crazy policy moves in the short run. that Cohen mentions. Of course, those policy moves may subvert earnings etc. but hopefully we'll have time to sell first.