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The David Lin Report

Another 20% Market Crash, Recession This Summer; Is ‘Coup’ Against Trump Coming? | Peter Berezin

Apr 25, 2025
Peter Berezin, Chief Global Strategist at BCA Research, offers deep insights into the U.S. economic landscape, forecasting a potential recession by summer 2024. He discusses the implications of a weakening dollar and rising bond yields, highlighting concerns over fiscal vulnerabilities. The conversation also touches on the complex U.S.-China trade relations and their impact on investment strategies. With stagnant job claims indicating a tough job market, Berezin warns of a turbulent economic environment ahead.
29:19

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Podcast summary created with Snipd AI

Quick takeaways

  • The potential for a U.S. recession by summer 2024 is exacerbated by declining job openings and possible aggressive Federal Reserve rate cuts.
  • Internal political strife among Republicans may lead to a coup against Trump if his approval ratings continue to falter amid trade tensions.

Deep dives

Trump's Political Challenges

Trump faces significant political pressure from within his own party as many prominent Republicans express dissatisfaction with his leadership. If his approval ratings continue to decline, there is potential for a coup by party members aiming to reclaim authority over tariff policies. This internal conflict is exacerbated by a lack of trust, with many Republicans hesitant to support Trump publicly while harboring feelings of disdain. The political landscape indicates that escalating tariffs could become a liability for him, forcing him to reconsider his aggressive trade stances.

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