Excellent framing of the contradiction Trump faces. The priority hierarchy you outline (midterms over fiscal discipline) makes sense given 2022's pattern, but I'm curious if admin actually has the bandwidth to coordinate all these countervailing forces. Trying to juice main street while suppressing yields and keeping tech happy seems like three incompatible mandates. History shows that when too many policy objectives collide, one breaks unexpectedly.
Great to see you on Substack, Quinn. I always enjoy listening to you on Forward Guidance.
Same here !
A higher 10 year interest rate you think eh?
Excellent framing of the contradiction Trump faces. The priority hierarchy you outline (midterms over fiscal discipline) makes sense given 2022's pattern, but I'm curious if admin actually has the bandwidth to coordinate all these countervailing forces. Trying to juice main street while suppressing yields and keeping tech happy seems like three incompatible mandates. History shows that when too many policy objectives collide, one breaks unexpectedly.
Beyond gold silver what metals do you favor ?