ING's Carnell: Small Firms Love Trump Reflation

The video discusses the Federal Reserve's meetings over the past two years, highlighting market reactions and the impact of Trump's policies. It explores expectations of fiscal policy changes, such as deregulation and tax cuts, and their effects on small businesses. The discussion shifts to investment spending and economic conditions in the US, considering factors like labor market stability and regulatory changes. The video also examines the impact of trade wars on global business dynamics and concludes with an analysis of inflation trends and the Fed's monetary policy approach.

Discuss the potential impact of fiscal policy changes mentioned in the text on small businesses.

How does the current labor market situation compare to previous periods according to the text?

What factors are contributing to the current investment spending concerns in the US?

What does the term 'animal spirits' refer to in the context of the economic discussion presented?

What implications does the text suggest about inflation trends in the US compared to other G7 countries?