The Trump Effect On Americans’ Perception Of The Economy

This is source I found from another site, main source you can find in last paragraph

Should market participants be more anxious about the Trump administration? Probably not -- at least for the near-term. But over the next year we will see a remaking of the Federal Reserve that could pose a medium-term threat to the business cycle. And that’s something to keep an eye on.

Equity prices continue to reach record highs, puzzling even Nobel laureate economists. The stock market’s ebullience remains a surprise given the considerable policy uncertainty attributable to a White House that appears at best ineffective and at worst chaotic. Typically, markets hate uncertainty. So why isn’t the uncertainty sending stocks lower?

I think the explanation is that presidents often have very little impact on economic outcomes, at least in the short-run. They take the blame and credit, but for the most part they are simply at the mercy of the business cycle.

This is source I found from another site, main source you can find in last paragraph

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