After the election of President Donald Trump, the US Federal Reserve has kept an eye on a potential fiscal stimulus package from the Trump administration with a wary eye. A significant injection of fiscal stimulus that soaked up supply of raw commodities and created excess demand in the labor pool could be a recipe for inflation. However, the scene has now changed, Moody’s Chief Economist John Lonski observes. The lack of cooperation between the White House and Congress may derail a fiscal stimulus package – and in turn, this should impact the dot plot for future rate hikes, Lonski asserts….
Moody's: DC Gridlock "May Persist Indefinitely"
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.