Inflation isn't necessarily bad for the economy and stocks.... it is for bonds. And definitely good for people with loans on assets... since the assets will rise against borrowed money. Similar for governments. The economy will probably grow more than the inflation, therefore increasing taxes... as long as they keep a lid on the budget, that should work well. If the budget keeps blowing out, then there will be a debt servicing problem indeed.... Same goes for individuals/households. If economy grows, income should normally grow as well... therefore the cost of loans relative to income will lower.
You're definitely more confident than I am. I see the economy growing less than inflation...I see much of the "printed money" causing consumer prices to rise while all the debt constrains growth/productivity. Trump wants to lower taxes and raise spending (defense/infrastructure)...I don't see this working out very easily. Good to exchange opinions with you.
The market and billionaires are going to do great in the coming years, as is the U.S. economy. Trumps buddies will do very well, but the laid off workers who voted for him, not so good. The boys and girls killed in Trumps wars won't have to worry about a thing. The champagne corks have already been popped at Lockheed, Martin Marietta, Boeing and Raytheon. The damage done won't be evident for years. But of course some good will come out of the chaos. If we really do eliminate 2 regulations for every new one, which remains to be seen, that could be beneficial. The devil, as always, is in the details. Those who keep a high-paying job and do well will love the "new reality." Every "ism" has its day. Will there be blood in the streets? And if so, whose? The problem with trying to predict the outcome of lies is that although one can reliably predict what won't happen -- Mexico won't pay for a Wall -- one has no idea of what will. We live in interesting times.
Another sign of a stock bubble...a member on investors.com just wrote that stocks were a hedge against government uncertainty!
I apologize for late reply,not subscribing to threads,I like to go where my eyes take me Did not mean to ignore you http://www.suredividend.com/aapl-warren-buffett/ "Notably, Buffett himself isn't an iPhone user. When asked about his technology investments, he whipped out a flip phone from his coat pocket." http://www.investors.com/news/buffett-explains-why-berkshire-bought-apple-may-stop-airline-buys/
Seen this floating around: and FYI: Yuge snowstorm hitting eastern seaboard this week. Peeps can blame low Q1 GDP on weather! Retailers can use the same weather excuse for bad Q1.