EY forecasts 1.7% GDP growth, most of which is AI (~1.1% according to jpmorgan). The broader economy is facing headwinds (policy uncertainty, tariffs, etc etc).
> Overall, underlying economic momentum remained steady in the first half of the year despite mounting policy headwinds. But with the impact of tariffs and policy uncertainty becoming increasingly visible, slower US growth and higher inflation are still on the horizon.
Trump inherited a good economy and set it towards decline. If that's still not clear stay tuned, there's more to come.
https://am.jpmorgan.com/us/en/asset-management/adv/insights/...
EY forecasts 1.7% GDP growth, most of which is AI (~1.1% according to jpmorgan). The broader economy is facing headwinds (policy uncertainty, tariffs, etc etc).