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UPDATE: Donald Trump Takes Office as the 47th US President



Bank of America economists now believe that “modest stagflation” is the most likely outcome for the US this year, and that the combination of low growth and elevated prices will likely keep future Fed rate cuts on hold. “The reason that we’re a little bit prone to stagflation right now — especially the inflation part — is that our starting point is not very favorable,” Aditya Bhave, a senior U.S. economist and managing director at BofA, told MM. via
@samjsutton
in Morning Money today
 
reasons-not-to-avoid-dentist.jpg
 
DC_Dude said:


Bank of America economists now believe that “modest stagflation” is the most likely outcome for the US this year, and that the combination of low growth and elevated prices will likely keep future Fed rate cuts on hold. “The reason that we’re a little bit prone to stagflation right now — especially the inflation part — is that our starting point is not very favorable,” Aditya Bhave, a senior U.S. economist and managing director at BofA, told MM. via
@samjsutton
in Morning Money today
Click to expand...

As I’ve said in the investment thread: yall aren’t getting interest rate cuts, and in fact, expect dramatic rate hikes.
 
Zelenksy saying the old aid is not a loan. With Tariffs kicking in next week. I expect alot of shenanigans to happen over the weekend and next week
 

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