Herro: Good and Bad in Trump's 'Government by Tweet'

The video discusses the US labor market, highlighting the challenge of achieving full employment by integrating those not currently in the labor market. It also examines the impact of President Trump's tweets on companies and their potential policy implications, including deregulation and tax reduction. The discussion shifts to currency hedging strategies, focusing on purchasing power parity and its effectiveness over different time frames. The video concludes with an evaluation of purchasing power parity's reliability in currency prediction.

What is the main challenge in the US labor market according to the discussion?

• Improving data accuracy

• Incorporating non-participants into the labor market

• Reducing unemployment rates

• Increasing the number of remote workers

How does the speaker view President-elect Trump's tweets about companies?

• As irrelevant to market dynamics

• As a way to increase company profits

• As a form of brinksmanship

• As a clear reflection of policy

What is one positive aspect of Trump's approach mentioned in the discussion?

• Increasing regulatory burdens

• Encouraging companies to produce in Mexico

• Deregulation and lower taxes

• Raising import tariffs

When does the speaker suggest hedging against currencies?

• When the stock market is volatile

• When the dollar is weak

• When currencies are overvalued by more than 20%

• When currencies are undervalued

What is the speaker's view on purchasing power parity as a measurement?

• It is the best measure for currency prediction

• It is highly accurate in the short term

• It is unreliable over medium and long term

• It has some validity over medium and long term