I think there are a lot of civil servants getting ready to seek revenge. He'll be better this time, he promised to only touch over the bra. If anything, his second term is more chaotic, not more effective. His obsession with the “deep state” (aka anyone not fully supporting him) is not about fixing government inefficiencies and really about punishing perceived enemies. That’s not governance, it’s retribution.
Trump is quite capable of creating a lot of economic havoc with his trade policy. It would not surprise me to see inflation go up, unemployment go up, consumer spending go down, and the economy slow down significantly.
Being that everything he is doing is being done by executive order that can be undone in one day with the stroke of a pen by the next Democrat President he wont succeed.
If he succeeds, the foreign posters on this site will tell us why it was despite Trump, and if he fails, it will be because of him.
True, Trump will only bring along sooner the inevitable recession they now anticipate. Might be a good thing.
I'm sticking to commodity related plays ( plus some small cap gambles ) with shorter holds and building up cash reserves. There is a lot of value on the TSX but it could be a value trap until shit hits the fan. Then we might get a one day open where everything overreacts to the downside, possibly when Trump puts on the 25% tariffs on Canada/Mexico. My gut says there may be some upside on energy in that scenario the sectors way oversold already but it is hard to know how it will all occur. Every few months we get weak hands bailing hard on these stocks.
Tariffs are 100% Trump. There is no debate on this. In particular, the 25% tariffs on Canada are irrational.
I'm not debating that tariffs aren't 100% Trump. But tariffs aren't about to bring down the whole system, no matter what you read on social media.