Analysts have warned that Trump's plans to impose across-the-board tariffs, extend tax cuts, and limit immigration will be inflationary.
Pre-market trading in the U.S. will begin Sunday evening, marking Wall Street 's initial attempt to price in how the
will be inflationary. That could dampen hopes for more aggressive Fed rate cuts, which Citi Research has said could result in Mark Cuban reportedly told a White House adviser recently that "You all have permission to quote me saying that Biden should fire Gary Gensler." He, potentially giving Trump and Republican allies in Congress a freer hand to deregulate. It could also open the door to more mergers and acquisitions if regulators turn less skeptical about industry consolidation.
That should help corporate earnings, which will send the stock market to new highs over the rest of the decade, Yardeni predicted. Tim McCarthy, who in 1981 defended then-President Ronald Reagan from a gunman, gave his assessment of the shooting to WGN-TV.Trump rally shooter Thomas Crooks: Neighbors, classmates, employer speak
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