This week in Trumponomics: Somebody else's inflation
Published On Feb 15, 2025, 10:00 AM
The article discusses the rising inflation rates and how former President Trump's claims regarding improving the economy may not hold up. As inflation has started to rise again, consumers are increasingly skeptical about Trump’s economic policies, particularly his use of tariffs, which many believe could exacerbate inflation. In the coming months, if inflation remains high, Trump's administration might face significant public backlash, similar to what Biden experienced, leading to tough challenges for his presidency.
Stock Forecasts
SPY
Negative
With rising inflation and doubts about Trump's ability to manage it, stocks related to consumer goods or those heavily affected by tariffs may see negative impacts as consumers adjust their spending due to higher prices. Additionally, sectors sensitive to political messaging may react to the ongoing narrative around inflation—political sentiment could sway the market significantly.
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