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How Trump Versus Fed Adds To Uncertainty
Thursday, March 2, 2017 22:17
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by Dan Steinbock, Difference Group
To implement his $1 trillion dollar infrastructure plan, President Trump needs low rates, even though the Fed’s rate hikes will strengthen dollar. That means new uncertainty worldwide.
In his Crippled America (2015), Trump argued that “our airports, bridges, water tunnels, power grids, rail systems – our nation’s entire infrastructure is crumbling, and we aren’t doing anything about it.”
Source: http://econintersect.com/pages/opinion/opinion.php?post=201703022220
