Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Rekindled Inflation And Fear Of The Great Unknown
At the risk of stating the obvious (and for the umpteenth time), one of the main macro-policy risks for the US economy in 2025 is the prospect of a persistent inflation impulse kept smoldering by Donald Trump's "2.0" agenda, most of which is inflationary at least in theory.
Of course, theory and reality are two different things, and to the extent theory's shorthand for orthodoxy and the establishment, it's discredited on many vectors, although I'm not sure this is one of them.
Tariffs will rai
H-Man, respectively disagree the US economy is going to dodge the bullet on this one. Europe is a mess, ditto for China, ditto for the Middle East. I don’t see Trump policies (which is probably an oxymoron) providing any help to the economy while leaving Canada and Mexico on bended knees. And we have the issue of how many bonds can dance on a pin head. Yeah, there could be a ninth inning rally but it doesn’t look that way.