How should investors be thinking about the current state of the economy and markets? Well, according to Chief Investment Officer Tony Roth, the word for the moment might be “concerned.” On CNBC’s “Money Movers,” Tony shared that our collective mood about the current economy has moved down to “reluctant pessimism” from “cautious optimism.” Tony warned that the current dialogue about tariffs is not helping consumers’ moods and also cautioned Washington that the timing of a recession and associated job cuts could hit an apex right during the 2026 midterm elections.
Watch Tony on CNBC’s “Money Movers.”
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