Why a 40-year Wall Street veteran says that most of the US economy is in a recession

Wall Street veteran Jim Paulsen said tech is the only bright spot in the economy, comparing the bifurcation to the Mag 7 vs. the rest of the S&P 500.

Business Insider

@h4ckernews

If "the economy" is meant to funnel wealth and power to the rich and powerful, then maybe tech is a bright spot.

If it's meant to distribute good and services on an equitable basis, it's all FUBAR

@fsinn