Stock markets rallied, the dollar surged and Treasury yields jumped higher as it became clear Donald Trump would be returning to the White House. Investors bet on lower taxes boosting growth, while higher tariffs and an immigration crackdown may drive up inflation. But will investors get what they’re expecting from the return of Trumponomics?
Hosts: Alice Fulwood and Mike Bird. Guests: The Economist’s US economics editor Simon Rabinovitch; and Piper Sandler’s Donald Schneider, who was the chief economist on the House of Representatives’ main tax-writing committee last time Mr Trump was in the White House.