Ellen Zentner: U.S. Sees 2% Economic Growth in 2017

The transcript discusses economic forecasts, focusing on growth revisions in a post-Trump world. It examines the potential impact of Trump reflation on the economy, including interest rates and inflation. The conversation also covers consumer confidence, its influence on spending, and the anticipation of tax cuts.

What is the significance of the term 'reflation trade' in the context of the text?

What impact might tax cuts have on consumer behavior according to the discussion?