The potential impact of California's debt default on tech giants and the criticism of economists like Ben Bernanke
===============	
#8443e324 ver:0.07

Private equity veteran Scott Sperling warns of difficulties in achieving a soft landing for the US economy, advises investors to focus on sectors with strong secular tailwinds like generative AI and life sciences. Moody's downgraded its outlook on the US economy to negative, but Kevin O'Leary remains optimistic, highlighting the broadening of the S&P 500 and Russell 2000. O'Leary argues that free money from the government has caused inflation, making it difficult for Americans to live on average salary. He emphasizes the importance of small businesses in driving the economy. David Ulevitch claims most tech workers aren't doing much work, but it's unlikely that California's debt default will impact tech giants. #economy #inflation #smallbusiness #tech #debtdefault...

#newstr #CaliforniaDebt #Apple #Google #Nvidia #BenBernanke #Economists #CentralPlanning #Intervention #AdamSmith 

 https://here.news/story/8443e324?ver=0.07