President Trump’s policies mean global stagflation, assuming he follows through on his promises.
Consensus market views have been wrong before. This might be one of those times it is wrong again.
Seems to me that a small hike could be justified right now if we are to steady the inflation curve, but what do I know?
On the home front, household confidence looks equally positive.
"Ref the new POTUS if we don't achieve the sharing of the spoils of good economic performance"