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Podcast: Money Life with Chuck Jaffe
Episode: Economist says new tariff uncertainty builds confidence that recession is avoidable
Description: Brian Jacobsen, chief economist at Annex Wealth Management, says that for all of the concerns that tariffs have created for the economy, the situation playing out in the courts now has put a cap on how much can be done that reduces the chance of recession. Jacobsen says that the bond market is signalling potential concerns now while the stock market is suggesting that "everything is fine," and he notes that both messages can be correct amid uncertainty around inflation, government debt levels and more. Jacobsen also discusses the sentiment numbers, which suggest that consumers are miserable, but he...