The S&P 500 (^GSPC) is on the cusp of a major plunge as the US may already be in a recession, warns veteran strategist Peter Berezin of BCA Research. His firm’s independent research firm has been in business since 1942, and is the largest independent macroeconomic forecaster to institutions. Berezin is very worried about the long reach of Trump’s tariffs and how they may hammer US consumers. Yahoo Finance Executive Editor Brian Sozzi sits down on the Opening Bid podcast with Berezin about his big calls and what lies ahead.
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