US and World Economy in the Times of America's Great Change in Donald Trump's Victor
The United States has considerably controlled trade and security in the world and is one of the centers of the global economy. Market analysts are looking to every word and action the President-Elect is doing.
Trump's victory brings both good and bad news to many people around the world and the United States. When the winning moment was near, there was a surprising surge of money into 10-year Treasuries. The bonds pushed down towards 1.7% as featured in The Guardian.
Victory speech, however, made a rapid inversion expecting that there will be hope that the market will have borrowing and greater inflation. Now that Trump is headed to the White House; the government is probably on the threshold of spending more on militarization such as jets and vehicles for the Armed Forces.
— Joe Weisenthal (@TheStalwart) November 9, 2016
During the campaign, Trump said he would propose measures in a more regulated taxation that will benefit the citizens. However, such proposal, according to most analysts will put the United States in a deficit status. According to Independent, this will not allow the government to pay its debts, and if so the US will become the next Greece.
The "Global Imbalances" has not been figured out and Americas Economic partner have the same struggle. America is being predicted that anyone residing in it will get poor and others will be poorer. The main even that the world will see are people like Donald Trump who is a catalyst of "world economic cataclysm."
Analysed by FXStreet, the Economic outlook on policy is that the US will still recover by December; however, politics will run through the bureaucracy as Federal Reserve Chair Janet Yellen is a Democrat. That action alone will somehow change the economic perspective that investors and those in the market are expecting.
URGENT: TRUMP DECLARES "VERY SCARY SCENARIOS" AHEAD FOR GLOBAL ECONOMY - HARRY DENT EXPLAINS
The US and World Economy as of writing is still stable, and all opinions, analysis, and expectation remain as such. The result of the Joint session of Congress in the counting of the Electoral College Votes is still to come in January. America will be great again, perhaps.
