I wrote some thoughts on issues with Trump's economic plans back in December and noted I would follow with more. Well, here is a link to a nice piece by Nouriel Roubini, who last I checked had slightly better economic credentials than I do. Now I do not always agree with him, but with respect to President Trump's economic policies we seem to see pretty much eye-to-eye. His first few points are what I discussed in December and he nicely goes onto some additional observations worth noting. Perhaps one of the biggest points worth noting today is that no one has any clue what Trump will do next and the absolute uncertainly of it all is not good for the economy, either domestically or internationally. I think many folks voted for Trump for the very reason that he would stir the pot, but you never know what doing so might bring up from the bottom.
https://www.project-syndicate.org/commentary/trump-market-honeymoon-over-by-nouriel-roubini-2017-02
Thursday, February 2, 2017
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