Macro Hive Conversations With Bilal Hafeez

Ep. 245: Frank Kelly on Why Everyone Underestimates Trump

16 snips
Dec 6, 2024
Frank Kelly, Founder of Fulcrum Macro Advisors and former White House writer, discusses the evolving landscape of American politics, likening Trump to Reagan. He argues that Trump’s influence is underestimated, predicting his 2024 victory as 'Trump 4.0'. The conversation dives into trade policy dynamics, immigration challenges, and the potential impact on the Federal Reserve. Kelly shares insights on geopolitics under Trump and offers career advice for young professionals, bringing a wealth of experience from his time in public service and the financial sector.
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ANECDOTE

Unplanned Career Path

  • Frank Kelly's career path was unplanned, starting with a classics degree.
  • A chance encounter led him to become a writer for President Reagan.
INSIGHT

Trump's Appeal

  • Trump's appeal lies in his tough stance and willingness to challenge Washington.
  • He addresses key issues like taxes, regulation, and immigration.
INSIGHT

Reasons for Trump's Win

  • Inflation and perceived government disconnect fueled Trump's win.
  • Public anger stemmed from misunderstandings about inflation and Biden's debate performance.
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