We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
AU
Pocketmags Digital Magazines
Christmas Presents
   You are currently viewing the Australia version of the site.
Would you like to switch to your local site?
Digital Subscriptions > Newsweek International > 27 January 2017 > TRUMPONOMICS, EXPLAINED

TRUMPONOMICS, EXPLAINED

We’ve seen this movie before, and it doesn’t necessarily end well
TRADE WAR GAMES: The array of policies the Trump administration wants all point to a trade war with China. And at some point, U.S. stock investors will notice.
MICHAEL NAGLE/BLOOMBERG/GETTY

IN THE weeks since Donald Trump was elected president, the behavior of U.S. financial markets—and of the stock market in particular—has represented the triumph of hope over common sense. The steady “melt-up” of the main stock indexes to all-time highs is rooted not just in a slowly improving domestic economy but in optimism: the belief that Trump will, as promised during the campaign, cut corporate and individual tax rates, repatriate billions of dollars that companies now stash abroad rather than invest at home, invest a trillion dollars in infrastructure and deregulate large swaths of the economy—all policies that most of corporate America loves.

READ MORE
Purchase options below
Find the complete article and many more in this issue of Newsweek International - 27 January 2017
If you own the issue, Login to read the full article now.
Single Issue - 27 January 2017
$7.99
Or 799 points
Annual Digital Subscription
Only $ 1.04 per issue
SAVE
87%
$52.99
Or 5299 points
Monthly Digital Subscription
Only $ 1.41 per issue
SAVE
81%
$5.99
Or 599 points

View Issues

About Newsweek International

Will Trump’s first 100 days in office be like his last 100 tweets?
Ways to Pay Pocketmags Payment Types
At Pocketmags you get Secure Billing Great Offers HTML Reader Gifting options Loyalty Points