The real threat to the S&P is ‘death by a thousand cuts by populist policymaking’ – GlobalData TS Lombard

The persistent concerns about U.S. valuations stem not from imminent recession fears but from long-term impacts of populist policymaking, according to Freya Beamish, chief economist at GlobalData TS Lombard.

This could result in “death by a thousand cuts,” as deglobalization creates headwinds