Trump's Economic Agenda: Addressing the K-Shaped Economy and Global Trade
Executive Summary:
Donald Trump's presidency is marked by efforts to address income inequality and economic imbalances. Executive orders aim to reduce regulations and expand housing supply, while market concerns center around trade policies and other key issues. An expert highlights the importance of addressing the K-shaped economy, with the divide between the wealthy and the struggling. The global economy also presents a K-shape, with the US benefiting at the expense of others, posing a challenge for sustained growth. Investors question the extent of benefits from Trump's demands and the potential for trade spats to lead to favorable deals that foster economic prosperity.