Sell The Bonds, Sell The Stocks…..Demolition Donald Can’t Save Us, Part 2

Self-evidently, what passes for Trump-O-Nomics is likely to result in colossal failure because it functions exactly like an unhinged two-footed driver. That is, navigating with one foot hard upon the accelerator and the other pressing stoutly on the brake pedal. At the same time.

Thus, massive Federal deficits and the Donald’s prescription for 1-2% interest rates are guaranteed to fuel a new surge of inflationary pressures on the demand side—even as Trump’s massive immigrant deportation campaign and tariffpalooza will heavily disrupt the supply side of the economy. The resulting mix of government induced deflationary and inflationary pressures, in turn, will likely send the proverbial misery index soaring.