MoneySense#25 Trump the stump (15 Nov 2016)

What has been will be again, what has been done will be done again;
    there is nothing new under the sun.
          Ecclesiastes 1:9

Any change is better than the status quo. The financial markets at least in the States seem to grasp this straw of hope with its all, as the US equity market, at least the old economy stocks go on a positive uplift
Will and can President elect Donald Trump spend America out of her troubles? Or is he leading us into a bigger mire if rising bond yields and wobbly emerging markets are early troubling signs?

The world is increasingly willing to vote for those who speak what they want to hear. The populist vote.
But can hope turn into a new dawn just because of wistful thinking?

Stagflation, the terrible beast of the early 1980s is stirring, and Mr Trump could be the key that release this beast, that will bring the world into a double despair of deep recession and high inflation.