Top CEO’s ‘Very Nervous’ To Criticize Trump, And A Crash Is ‘Coming,’ Warns CNBC Host
HuffPost • • business
Key Points:
- CNBC’s Andrew Ross Sorkin warned that a market crash is inevitable, though the timing and severity remain uncertain.
- Sorkin claimed that many top American CEOs are afraid to publicly criticize President Trump due to fears of political retaliation and regulatory obstacles.
- He emphasized that a loss of confidence can trigger a sudden market collapse, drawing parallels to the 1929 Great Depression.
- Despite reassurances from some economists about market stability, Sorkin remains convinced that another significant economic downturn will occur.