Trump 2.0, No Recession& Interest-Rate Cuts

The policy priorities of Trump 2.0 would likely have mixed effects on inflation, the labor market, trade, and government borrowing—Eric sorts out the investment implications. … Also: The latest economic indicators still don’t suggest a recession anytime soon, and there are signs of improvement in the slumping goods-producing sector. … And: The recent stock market volatility is not indicative of a broader risk-off move by investors.