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Steve Cohen, President and CEO of the Point72, talking to CNBC on 3 April of 2024.
Cnbc
Investor in the Billioniire Steve Cohen, the negative view of the econia negotio due to a fedile immigration punished and fundsinate of the world efficiency.
The President and Hedge CEO Point72 Hedge returned to the first time in a while after President Donald Trump made the inflation of inflation. Meanwhile, its hard position on immigration could mean a limiline work supply, he said.
“The fees may not be positive, it is a tassum,” Cohen said in priority leaf in Miami Beach, it is riding the immigration does not rapidly as quickly as … the last five years and so. ‘
The investor of the bottom-pointed bottom has taken a cost-shot of the costs of the costs mush said its aim is Cut federal expense by $ 2 trillion. I am
“When money has been currada through the economy above many years, and now, powered tortured or planted in many ways, they should be negative for the economy”, digging.
Cohen believe a pullback in the stock could be likely to be given the unsaid macroeconomic environment. View the rise of US economy to slow down 1.5% from 2.5% in the second half of the year.
“I think you see the regime walking a little. It can only have a year, but it is definitely a period where the best earnings to see a significant correction” says he said. “I don’t think it will be a disaster.”