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Date published:
13 June 2025
< 1 min
Despite the bluster, confusion, and policy U-turns coming from the Trump’s administration, MAGA policies are actually gaining traction on the ground far sooner than many had guessed possible. In dollar terms, US markets are close to record highs, and corporate earnings forecasts for the year ahead have been steady.
However, most sentiment indicators for both individuals and corporates in the US suggest confidence is falling while prices or price expectations are rising. In other words, the risk of stagflation is beginning to haunt the US economy.
Chief Market Strategist, Guy Monson, assess a situation where, in short, the equity market and US economy are sending out very different messages.
Watch the video below.