Economy

Vote Trump for Lower GDP, Higher Unemployment

From Wells Fargo today, using Oxford Economics macro model, simulating out the effects of Trump’s trade policies (as stated thus far). Addendum to yesterday’s post “Vote Trump for Higher Inflation, Bigger Deficits, Higher Interest Rates”.

Source: Wells Fargo Economics.

Source: Wells Fargo Economics.

Negative y/y GDP growth if retaliation against US trade policies. Who believes no retaliation will be forthcoming?


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