Kaiyuan Macro Warning: Trump's return to the White House may burst the stock market bubble early!

JIN10
2024.07.15 06:01
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John Higgins, Chief Market Economist at Capital Economics, warned that if Trump wins the 2024 election, his proposed tariffs and immigration policies could lead to an early bursting of the stock market bubble. Trump's policies may result in slower economic growth and rising inflation, posing a threat to the Federal Reserve. Furthermore, if Trump wins the election and gains control of Congress, the surge in fiscal spending will limit the Fed's room for interest rate cuts. Higgins also pointed out that even if Trump fails to win the election, the stock market bubble still faces risks, including slowing corporate profits and geopolitical turmoil