Economics
Nov 26, 2025
Nouriel Roubini
Although there was a massive boom in AI-related investments in 2025, policy-induced uncertainties and disruptions to official data releases clouded the picture. With a new year fast approaching, the US economy could find itself on one of three possible paths, with the most likely scenario also being the most positive.
NEW YORK – This has been a bumpy year for the US economy. Although there was a massive boom in AI-related investments, uncertainties caused by President Donald Trump’s tariffs and other polices curtailed growth in the second half of the year, and disruptions to official employment and inflation data as a result of the longest-ever government shutdown have further clouded policymakers’ perceptions. The big question now is what 2026 will bring.
