Institutions: Should not be surprised by the contraction of the U.S. economy

Jin10 data reported on April 30, founder of Andersen Capital Management, Peter Andersen, stated that the contraction of the U.S. economy should not come as a surprise, but the market has reacted as if it is unexpected. During this time, Trump is trying to negotiate for market approval of his tariff policies, making modeling and forecasting extremely difficult. When the market cannot make reasonable predictions, it often turns to a pessimistic interpretation of events.