US Economic Parallels to the 1980s

• The US's current economic policies, including loose fiscal policy, tight monetary policy, and trade frictions, mirror those of the 1980s.
• This combination of policies could lead to a stronger dollar, attracting investment and potentially fostering domestic job growth.
• Similar to the 1980s, this could import disinflation, boosting industrial revival.
• While the long-term effects are uncertain, these policies may help the current administration achieve its short-term objectives.
• The market opportunity lies with the dollar and the S&P, while the rates market appears balanced and less opportunistic.