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Home Depot Founder Bernie Marcus: It’s Gonna’ Get Worse

WASHINGTON, DC - FEBRUARY 07: U.S. President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol on February 07, 2023 in Washington, DC. The speech marks Biden’s first address to the new Republican-controlled House. (Photo by Chip Somodevilla/Getty Images)
  • Home Depot co-founder Bernie Marcus issued a strong warning for everyday Americans.
  • During an appearance on “Cavuto Live,” Marcus discussed the devastating collapse of Silicon Valley Bank, urging Americans to “wake up” and understand that the U.S. economy is in “tough times.”
  • “I can’t wait for Biden to get on the speech again and talk about how great the economy is and how it’s moving forward and getting stronger by the day. And this is an indication that whatever he says is not true. And maybe the American people will finally wake up and understand that we’re living in very tough times, that, in fact, that a recession may have already started. Who knows? But it doesn’t look good,” Marcus argued, Saturday.
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