Buckle up! Xiao Mo: Trump 2.0 will have a significant impact in the first two years.
jpmorgan stated that if Trump makes policy changes in taxes, regulations, and cryptos after taking office, the first two years of Trump's second term could be quite influential. If the Republican Party manages to win a majority in both the House and the Senate at the same time, it means that his policy bills will sail through Congress unimpeded before the next midterm elections.
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"Trump trade" fizzled out, what is the market worried about?
The market is concerned that if Trump really fulfills his campaign promises, especially on tariff policy, the usa may see larger deficits and soaring inflation, immigrant workers being deported, which could lead to a significant decline in economic growth.
Market doubts policy difficult to implement, traders' enthusiasm for the "Trump trade" cools down.
After initially rushing into the 'Trump trade', some investors in certain asset classes are gradually lowering their enthusiasm, as they question whether Trump will pursue his ambitious tariff proposals as the President of the USA.