LVMH Billionaire Bernard Arnault Says He’s Confident About US Economy, At Star-Studded Tiffany Event

French billionaire Bernard Arnault said he’s upbeat about the outlook for the US economy, even as economists debate the likelihood of a recession.

Asked on the sidelines of the Tiffany flagship store reopening party in New York whether he was concerned about a potential recession in the US this year, the LVMH chairman expressed optimism.

“The opinions are quite split between economists,” Arnault, the world’s wealthiest person, told…