Many economists in the US, polled, believe a new Trump term will spur inflation & lead to more caution from the Fed on cutting interest rates.
“Trump’s policies can bring some growth in the ST, but this will be at the expense of a global slowdown which then will come back & hurt the US later on” -Ş Kalemli-Özcan -on the NY Fed’s econ. adv. panel. “His policies: inflationary in the US/world -we'll be moving to a stagflationary world.”
Rs/WS have it wrong.
#USPol #Economy https://www.ft.com/content/d6f58952-a0ad-4db2-ac70-2b8f075c7ada?accessToken=zwAGKrofnWPgkdPW9YlSoK1NstOscCuPB1x62g.MEQCIEb6TCyG9xNe_KErH9LO2BJS-BdBR5YRjq_nHB5m71slAiAD4oy-ecvCa1gb8akOJhwktPqobG3fBDwt57MrRHwaVg&sharetype=gift&token=7c238703-11d1-4561-b716-4df237c64dca
Megalonomics is what I would call it but...
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