Avenue Capital Group Co-Founder: Under the uncertainty of Trump’s policies, the economy may inevitably fall into recession

ChainCatcher news, according to Jinshi reports, Avenue Capital Group co-founder and billionaire Marc Lasry stated that the uncertainty of Donald Trump's policies, especially regarding tariffs, is hindering investors who want to take advantage of market opportunities.

"When the market doesn't know what to do, that's a problem," the 65-year-old Lasry said on Friday at a credit opportunities seminar at New York University. "In such a situation, an economy cannot escape; it will only lead to everything slowing down, potentially pushing the economy into a recession."