Newman: 3 things Trump could be doing instead of tariffs and deportation
Published On Feb 5, 2025, 4:41 PM
The article discusses actions that President Trump could take to directly address economic issues such as food inflation, housing affordability, and rising insurance costs instead of emphasizing tariffs and deportations. It highlights Trump's failure to create significant policies in these areas despite public concern over inflation and cost of living. The lack of direct intervention strategies may result in continued economic difficulties for many Americans, particularly working-class populations.
Stock Forecasts
XLE
Positive
Given the ongoing inflation issues and economic challenges described, companies in the grocery, housing, and insurance sectors may face pressure as consumers struggle with prices. However, energy companies might benefit from increased government focus on energy costs. A potential investment in the energy sector could be wise as fluctuating prices can favor well-positioned firms.
CORN
Negative
Food-related stocks may continue to see volatility due to increasing prices caused by supply chain issues and inflation. However, companies that can manage costs effectively or have strong pricing power may perform better in this environment. Monitoring grocery retailers and agricultural companies is advisable.
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