Trump The Economic Schizophrenic. Buying 10% of Intel, Deregulation, and Tariffs.
Tony Katz:
This economy is not there. Are we feeling the tariffs now taking an effect to the negative or is this still the Biden hangover of all that inflation working its way through.
Dr Matt Will:
It’s a little of both. We still have a lot of bad outcomes from the Biden policies, but now the Trump policies are starting to weed their way into the economy. There are some good and there are some bad. I mean, in the second quarter we had phenomenal GDP growth. Consumer spending is still very high, and we see that curving of the use of debt. You know, credit cards still too high, but it’s curving down. We see wages increasing, so there’s some good stuff happening. The deregulation. I just can’t say enough go