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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Economic Uncertainty
- The current economic uncertainty is a significant downside risk.
- Its impact depends on the resolution of issues like tariffs and global trade relations.
Business Investment and GDP
- Business investment, being highly volatile, drives GDP fluctuations.
- It is currently affected by high interest rates, a strong dollar, and trade uncertainty.
Inflationary Policies
- Trump's policies, like tariffs, might increase inflation by a few tenths of a percent.
- This seemingly small rise could affect Fed decisions on interest rate cuts.
