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Bloomberg

It's A 'Weird Time' For The US Economy, Says Christopher Smart

Wednesday, August 12, 2026


Christopher Smart, managing partner of Arbroath Group and former special assistant to the President at the National Economic Council under the Obama administration, stated that economic data shows solid numbers alongside weakening growth and geopolitical uncertainty. Smart said the US will need data centers and AI investment but expressed concern that profitability timelines for those investments have been extended. Bloomberg reported the comments.

Original reporting: https://www.bloomberg.com/news/videos/2026-08-12/it-s-a-weird-time-for-the-us-economy-says-smart-video

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