Trump Picks Oil Industry CEO Chris Wright as Energy Secretary
"Trump trade" remains popular, but how much longer can it last.
Stocks, bonds, and other assets are already expensive relative to historical levels. Trump's trade protectionism policy may lead to a resurgence of inflation and force the Federal Reserve to maintain interest rates at high levels for a longer period of time. In addition, the US economy is facing continuously expanding fiscal deficits and a labor market that is already showing signs of fatigue, which could put pressure on the economic growth outlook.
Summers, who criticized the last round of inflation in the usa, stated that Trump will trigger an "inflation crisis not seen in decades."
Summers warned that if Trump insists on fulfilling the promises made during his campaign, the usa will suffer a more severe inflation shock than in 2021. It is hoped that Trump can learn from this term and adjust his plans to avoid causing inflation.
E-minute understanding: What is the special trade that collapsed across the board yesterday for Trump?
On Tuesday, the European and American stock markets experienced a significant decline, with the US stocks ending their previous rising trend, and all three major indices falling together, while major stock indices in Europe fell across the board.
The Trump Administration Will Shake Up Options Markets. How to Profit
Short Sellers Are Closing In on Trump Trades Rumble (NASDAQ:RUM) and Phunware
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. In a month lost 20 k . Bluddy fukers the Administration people whether working or not . They not taken counter action on their share sinking …
Zahid007 : you sold at 7 ?
105132773 OP : Nope around 6