Jordan Goodman asks you to imagine a world where everything President-Elect Donald Trump touches turns to gold. It’s beginning to look a lot like that as far as the US Economy is concerned. How can this be? The economy and stock market were supposed to crash. Just like Brexit, the election of Trump appears to be leading to a new paradigm and a pro-longed period of prosperity. Jordan is excited and perhaps we all should be too. There are real reasons for optimism, but let’s not get too far ahead of ourselves. Inflation will almost certainly pickup. Perhaps real wages will finally start to rise as well. Energy prices will go down and living standards will go up and pretty soon we’ll be living in the best of all possible worlds. We can only hope!
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