Bloomberg Surveillance Trump Policy Proposals and Market Impacts
12 snips
Feb 20, 2025 
Jason Furman, a Harvard economic policy professor, critiques the Biden administration's economic policies. Wendy Schiller from Brown University analyzes current political tensions, especially regarding U.S. involvement in Ukraine. David Sowerby of Ancora shares his stock picks in light of market trends. They discuss how Trump’s policy proposals could sway markets and the intricate dynamics between Congress and the executive branch. Additionally, they explore the ramifications of tariffs and the evolving fiscal landscape as America braces for political upheaval.
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Persistent Inflation
- Persistent underlying inflation, around 2.5%, is a significant economic worry.
- Everything else in the economy remains stable, barring disruptive policies.
Teaching Tariffs
- Teaching tariffs now feels like a direct rebuttal to Trump's policies, although the principles are standard economics.
- This is due to Trump's policies often contradicting established economic principles.
Focus on Fiscal Policy
- Libby Cantrill at PIMCO advises investors to focus on fiscal policy.
- Read her research note titled "But, But, But" for more insights.
