From:
Columbia Business School’s Professor Pierre Yared spoke with Bloomberg reporter Chris Anstey about the state of the U.S. economy under the Trump administration. Yared discussed what he called the “three A’s” driving the current landscape—AI, asset prices, and the affluent—and how each contributes to the administration’s economic narrative. He noted that while strong asset markets and rapid AI adoption have bolstered certain sectors, they also mask underlying challenges related to inequality and long-term productivity. Yared emphasized the importance of distinguishing short-term market performance from sustainable economic fundamentals.
