Organization: Should Not Be Surprised by the Contraction of the US Economy.

Peter Andersen, founder of Andersen Capital Management, said that the contraction in the U.S. economy should not come as a surprise, but the market is acting as if it is a surprise. During this time, Trump is trying to negotiate to gain market acceptance of his tariff policy, making modeling and forecasting extremely difficult. When the market cannot make reasonable predictions, it often turns to pessimistic interpretations of events.