Cowen CEO Solomon Expects Slower U.S. Growth for Foreseeable Future

The video discusses the US economic situation, focusing on GDP growth and protectionist policies. It highlights the low growth rate since the financial crisis and the administration's efforts to change the status quo. The discussion also covers market complacency, trade relations, and the potential for a prolonged economic slowdown. The Federal Reserve's role and the likelihood of interest rate cuts are examined, with an emphasis on the challenges of achieving a trade deal amidst political rhetoric.

Discuss the potential long-term effects of the current trade relations on economic growth.

What does the term 'recency bias' refer to in the context of economic predictions?