Thanks to Trump We are in the midst of one of the greatest economic runs in American history.

Doubts Grow Over the Booming Trump Trade, and Trumponomics


The S&P 500 is on a six-day winning streak, as investors pile into the Trump-trade rally on expectations that the president-elect will cut taxes and red tape, and bolster growth. One big hope is that deal making is set to boom, and that’s driving a rebound in bank stocks.

But alarm bells are ringing, even inside the banks. Some Wall Street economists continue to warn that Donald Trump’s plans for tariffs and tax cuts will reignite inflation and add to the deficit. And even as his allies say the market rally shows that the traditional experts are wrong, don’t be surprised if the president-elect finds that tighter economic conditions and a restive bond market force a rethink of his agenda.

“This is not 2016, when Trump inherited an economy recovering from six years of secular stagnation,” Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, wrote in a client note on Monday. She notes that the bond investors are worried about higher inflation and debt-financing costs — thanks in part to a $35 trillion debt pile — which could constrain a new administration.

Shalett added that, “these dynamics have introduced uncertainties around Fed easing, rising yields” and dollar strength.


Bond yields are screaming higher in anticipation of tariffs and tax cuts will reignite inflation and add to the deficit.
 
So now the success of the last four years is because of the cult leader.

This one was inevitable. You want to laugh, but...
The whole "if it's good, it's Trump, if it'd bad, it's someone else"
 
The "trump trade" is already unwinding, quickly.
 

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