One Word: Trumpflation!

Republican presidential nominee Donald Trump speaks at an airport campaign rally in Albuquerque, New Mexico, U.S. October 30, 2016. REUTERS/Carlo Allegri

Yes, it’s here. Trumpflation: that combination of rising wages, rising interest rates, a border that’s closed to low wage labor, a trade war with China, tensions with our European allies over economic sanctions, and a dropping fertility rate.  What’s it all add up to? Well, it doesn’t really add up, but the result will be rising… Continue reading One Word: Trumpflation!