Friday Haymaker
Another edition of The Host & Mr. Muir
Hello, Readers:
Whatever else we can rightly say about the forthcoming epoch, it certainly promises to be interesting. It also comes with a walrus-sized slab of electoral irony. This includes a man nearing his 80th birthday, who was already President of the United States, and was swept back into office on a magic carpet powered by hopeful language, and kept aloft by promises of the type of sweeping changes not normally associated with those in life’s late innings.
It sounds so familiar to us all because his predecessor represented a change from the man who is now looking to, yes, change back from that change. Biden’s former boss also ran on change, though with an adjoining helping of hope. You’ll see in the excerpted guest piece that change remains a major political theme at the moment.
What’s most important now is that the placeholder administration is on its way out, and we need to continue looking closely at what a Trump Redux means for U.S. economic policy, the stock market, and international trade.
To our great benefit, the MacroTourist himself, Kevin Muir, has provided a thorough forecast of what’s to come based on the known knowns of announced and/or anticipated policy moves by Trump’s new administration. As Kevin bluntly summarizes in his piece, “The world is about to change.”
Kevin is absolutely one of Team Haymaker’s favorite sources of keen and unique insights. The following condensed version of his post-election newsletter provides you with a strong sense of his considerable skills.
The Haymaker Team
Excerpts from Kevin Muir’s November 8th piece, titled THE U.S. ELECTION: MAKING MACRO GREAT AGAIN
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The U.S. election was a game changer.
Before we dig into the analysis, let me acknowledge; not only did I fail to forecast the outcome correctly, I completely whiffed on the overwhelming nature of Trump’s win. About the only thing I got even remotely right was that a good portion of this good news was already in the market.
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