Trump's Economic Plan as a Bond Market Sea Change

The transcript discusses the market's reaction to Trump's economic plans, including tax reform and infrastructure spending, and their reflationary impact on the global economy. It analyzes the potential for interest rate hikes and rising bond yields, given the closing US output gap and fiscal stimulus. The shift from monetary to fiscal policy and its inflationary effects are highlighted, along with the implications for the US dollar and trade. The transcript also examines Trump's administration's approach to trade negotiations, suggesting a focus on beneficial deals rather than protectionist tariffs.

In what ways might the US dollar be positively impacted by the anticipated rate hikes?

What is the potential impact of protectionist policies on US trade negotiations?