Attention Economy


Saturday, November 23, 2024

Are Markets Ignoring Potential Downsides of Trump 2.0?

How Markets Have Responded to Deficits, in Charts
https://www.wsj.com/finance/investing/us-deficit-stock-market-presidents-compared-2013d93c
 
The Market’s Mixed Signals
https://www.wsj.com/opinion/the-markets-mixed-signals-stocks-bonds-investing-economy-4af9adea
Stocks are winning the cage match, but bonds may have the last laugh.


How long will Trump’s honeymoon with the stock market last?
https://www.ft.com/content/18761355-0470-43cb-8fe5-312ede861c8c
Equities investors seem unfazed by the risk that tariffs and tax cuts will push up inflation and deficits. But fears are rising.

Trump’s Inflationary Triple Threat
https://www.project-syndicate.org/onpoint/trump-economic-agenda-three-severe-inflation-risks-by-maurice-obstfeld-2024-11
With unified Republican control of the White House and Congress, US President-elect Donald Trump is poised to pursue radical economic policies. By undermining the independence of the Federal Reserve, enacting massive tax cuts, and loosening cryptocurrency regulations, he risks triggering an inflationary surge. 

Trump’s Economic Plan Has Inflation Written All Over It
https://www.wsj.com/opinion/trumps-economic-plan-has-inflation-written-all-over-it-fcbb8204
Tariffs, tax cuts and deportations could all drive prices higher. So could firing Powell.