Phil Mackintosh, chief economist at Nasdaq, shares his insights on navigating the unique post-pandemic economic cycle. He discusses the impact of tariffs on inflation and global trade, emphasizing the need for diversification in investment strategies. Mackintosh explores the roles of the Federal Reserve and immigration on the labor force, while examining the transformative effects of AI on productivity and corporate profitability. He also highlights the challenges for small-cap companies amid rising costs and interest rates, offering a comprehensive outlook on economic opportunities and risks.
