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Monthly Macro Monitor: A Lot Of Noise, Little Effect

From alhambrapartners.com

The first 15 months of President Trump’s second term has seen a whirlwind of policy changes, many of which have been notable for their extreme nature. President Trump’s style, his modus operandi, is capricious and so are his policies – unpredictable, impulsive and often a result of anger at some perceived slight. To say that it is hard for companies to plan and invest for the future is the understatement of this century – at least. Since the start of his second term the President has: • Announced 12 rounds of major new tariffs • Delayed or offered a reprieve from tariffs at least 4 different times • Backtracked on ... (full story)

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  • Category: Fundamental Analysis