Why Regime Uncertainty Will Eventually Sink Trump and the Markets

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
In the months since President Trump was elected consumer and business confidence have soared, and the stock markets have, too. Many are betting that much-needed supply-side tax reforms and deregulation would be rabbits that Trump would pull out of his hat. But, economic growth remains tepid, and political storm clouds are gathering in Washington, D.C.