For the first time since the election, investors seem to be calling into question their expectations for the Trump Administration. Since the election I’ve warned about being overly confident in any predictions regarding the ability for the new president and Congress to implement any of their campaign ideas. The past week has been a reminder to not get too far ahead of ourselves.
In my first quarter economic update I discuss what the focus needs to be regarding the economy. I also discuss the biases I’ve seen in play since the election and what the consequences may be.