Why Argentina's Milei May Have Inspired Trump's Transitory Recession Plan
Автор: Schwab Network
Загружено: 2025-05-05
Просмотров: 936
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Michael Underhill points to Argentina's turnaround under Javier Milei as the possible blueprint for Donald Trump's economic plan in the U.S. called a potential recession "transitory." The latest rally for the S&P 500 (SPX) according to Michael is something that "doesn't happen in a bear market." For investing, he calls the 60/40 portfolio "dead" and looks at A.I. power generation closely, while increasing investing in independent power solutions. Ahead of the FOMC meeting, Michael doesn't believe the Fed will cut in the short-term.
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