True, but jaw boning has a LOT of power, especially when by a man who is known for doing what he says he will do. Markets anticipate where things will be in the future. They responded to what President Trump was saying after he was re-elected and before he was inaugurated. Markets know he is a man of his word and not one to lie to get elected.
“Markets anticipate where things will be in the future. They responded to what President Trump was saying after he was re-elected and before he was inaugurated. Markets know he is a man of his word and not one to lie to get elected.”
The only markets yet responding to initial Trump moves are the investment markets, not what prices that people pay are experiencing; and those markets - the investment markets, are down. That squeezes capital, not prices of goods bought and sold.