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Steve Cohen says tariffs and DOGE's cuts are negative for economy, market correction could be soon

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Summary
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66% Informative

Billionaire investor Steve Cohen doubled down on his negative view of the U.S. economy due to a backdrop of punitive tariffs, immigration crackdown and federal spending cuts.

"Tariffs cannot be positive, okay? I mean, it's a tax," Cohen said Friday at the FII Priority Summit in Miami Beach , Fla.

Cohen believes a pullback in the stock market could be likely given the macroeconomic environment.

VR Score

75

Informative language

77

Neutral language

51

Article tone

semi-formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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