Is The Economy Becoming A "Slow Moving Train Wreck"? | Anna Wong, Bloomberg Economics episode artwork

EPISODE · Apr 3, 2025 · 1H 2M

Is The Economy Becoming A "Slow Moving Train Wreck"? | Anna Wong, Bloomberg Economics

from Thoughtful Money with Adam Taggart · host Adam Taggart | Thoughtful Money

Today's guest had one of the best track records last year in forecasting key economic indicators like rates of inflation and unemployment.Now that we have a new Administration in place, one aggressively deploying disruptive economic policy changes, where does she see the key indicators heading from here?To find out, we have the good fortune to talk today with Dr Anna Wong, Chief U.S. Economist for Bloomberg Economics. Prior to her current role, Anna also worked at the Federal Reserve Board, the White House Council of Economics Advisers, and the U.S. Treasury.Anna is concerned that the decelerating economy is at risk of becoming a slow-motion train wreck, which the recent Liberation Day slew of new tariffs will only exacerbate. It wouldn't surprise her to see the S&P lose an additional 30% of its market value from here as the year continues.WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com

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Is The Economy Becoming A "Slow Moving Train Wreck"? | Anna Wong, Bloomberg Economics

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