Paulsen: Pace of Change Under Trump Overestimated

The video discusses market trends and economic fundamentals in the context of the Trump election. It highlights how certain market trends were already in motion before the election and how Trump's presidency might influence these trends. The discussion also covers the potential overestimation of the pace of change under Trump, the impact of full employment, rising wages, and inflation on the market, and the role of economic fundamentals in driving growth. The narrative around Trump's presidency and its influence on market dynamics is also explored.

What was one of the key factors contributing to the trends in the financial markets before the Trump election?

• Reduction in core inflation

• Decline in U.S. wages

• Full employment in the U.S.

• Decrease in global growth

What is the main concern regarding the narrative around Trump's presidency and the market?

• The market is ignoring Trump's policies

• The market is not influenced by Trump's policies

• The narrative is shaping the market rather than the other way around

• Trump's policies are expected to have no impact

What is expected to slow down the pace of change during Trump's presidency?

• Strong bipartisan support

• Disagreements and gridlock

• Rapid policy implementation

• Unanimous congressional approval

What was the growth rate of the U.S. economy in the third quarter leading up to the election?

• 4%

• 3%

• 2%

• 1%

Which country's economic indicators showed positive signs of growth, contributing to global economic improvements?

• Germany

• China

• Brazil

• India