Markets.News
Spencer Hakimian, an investor and hedge fund manager, is raising concerns about the U.S. economy during President Donald Trump's second term. Hakimian described the economy as "barely hanging on by a string" six months into "Trump 2.0." He pointed out that the current growth is predominantly driven by a more than 10% year-over-year increase in government spending and unchecked expansion by big tech companies. Hakimian highlighted the dominance of Washington DC and San Francisco in the economy, noting that other regions and sectors are experiencing significant stress. The full story can be found on a financial news website.