Evercore ISI Chairman Ed Hyman Talks Fiscal Policy

Ed Hyman, chairman of Evercore ISI and expert in fiscal policy, dives into the heated debate over taxing unrealized capital gains, especially in light of the 2024 presidential race. He discusses the challenges of forecasting a recession and the complexities of current U.S. economic dynamics, including inflation and job market concerns. Hyman also touches on migration trends to tax-friendly states, and the potential repercussions of new tax policies on the capitalist system. His insights highlight the intricate balance between fiscal policy and market analysis.