Economy has 'very good prospects' but there are 'bumps in the road,' Forbes warns
Fox Business
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February 09, 2026 at 09:00 PM UTC
Neutral
85% Confidence
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Key Points
- Treasury Secretary Bessent predicts very strong economic growth, job gains, and real income growth for the year.
- Bessent highlights the Dow, Russell, and industrial sectors hitting new highs as signs of impending Main Street prosperity.
- Steve Forbes acknowledges good economic prospects but identifies significant risks: immigration roundups affecting construction, the Federal Reserve's inflation concerns, commercial real estate debt, and a potential Supreme Court ruling on tariffs.
AI Summary
Treasury Secretary Scott Bessent expresses strong optimism for the economy in the coming year, citing expanding market components like the Dow and Russell hitting new highs as indicators of future Main Street prosperity. Steve Forbes agrees on good prospects but warns of several 'bumps in the road,' including immigration roundups, Federal Reserve policy, commercial real estate debt, and an upcoming Supreme Court ruling on tariffs.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Neutral | 85% |
| Consensus | Neutral | 85% |