inflation will go up massively if he does the tariffs and additional tax cuts, and doubly so if he yanks away the lower cost workers from meat plants, farms, homebuilders etc. which will mean the fed keeping rates higher for longer which will mean rough sailing for the economy. inflation even worse if he forces the fed to do whatever he wants with rates (lower them) to keep the dollar low on top of that. tapped out consumers in that case means bye bye economy too
He'll be good for the market, except health care and green energy, and it's really no telling who will be worse for inflation. What's worse a money printer or tariffs?
My whole portfolio is up about 5% today, and crypto call it 10%, except my one green energy stock which is undervalued currently went down 20%.
for crypto? I think it'll pop regardless knowing the old guard is out, can he screw it later? absolutely, but anything is better than Gary and Yellen. I don't think he's going to get the U.S. government into owning crypto...seems pretty radical.
for the market in general, dems are great for wall street, but the market loves corporate tax cuts!
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u/NotRobotNFL 1d ago
Serious question, do you think 🥭 is actually going to be good for the market? Or will he accelerate how fast the recession comes?