Hassett warns of ‘scary’ October for US economy

Former Council of Economic Advisers Chairman Kevin Hassett discusses the state of the markets amid inflation, British markets and the outcome of the 2022 midterm elections.

KEVIN HASSETT: I can say as an economist, if you look at economic history, it tends to be the times when we have a divided government, the markets are happiest, and the policy is the most sensible because it’s only sort of sound ideas that can get enough votes from both sides to go through.

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