‘Hero or a Zero:’ Breaking Down Trump’s Attempts to Remake U.S. GDP
Schwab Network · Schwab Network
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Show Notes
Frances Stacy says the market depends on geopolitical risk and liquidity this year. She notes that the U.S. could face repercussions from the EU on trade, and that the EU holds a substantial amount of U.S. Treasuries. U.S. credit risk could stop GDP growth, she warns. Credit card rate caps are another liquidity threat, with 60% of the U.S. living paycheck to paycheck.
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