Kevin O’Leary: I Haven’t Seen Any Recession Trends Yet ... Most Countries Are Incentivized to Cut a Deal with U.S.

‘I don’t see it in the numbers’

EXCERPT:

O'LEARY: "I don’t agree. I look at tear sheets on 54 companies that are all private, selling in all eleven sectors. I haven’t seen any recessionary trends yet. A lot of it has to do with job owning being scared about what these tariffs are going to do. Now, if these tariffs stay in place a long period of time, yes, they could have some pressure in terms of slowing things down due to price increases and inflation. But I don’t think that’s the case. I'm in a camp that says, this is a giant, very difficult, complex negotiation across 15 different countries. And most countries will be incentivized to cut a deal because I don’t see it in the numbers. This is a strong economy, consumers still have money to spend. I think you have to take the noise away from the signal. The signal is pretty good in the economy right now. Let’s see what happens over the next two to three months on this tariff stuff."

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