This actually is setting the stage for some real inflation to allow us to trade up ahead of this. More to the point, we need the strengthening of individual balance sheets and cash flow. This is actually happening thanks to Trump.
The other big item been ignored is that we are entering a huge growth spurt in the USA and this will literally drag the whole world forward. If we actually address poverty in the USA properly and then have the wisdom to extend it globally, then we will see a global expansion lasting thirty years running at least at four percent.
All growth spurts, and we are seriously overdue for one thanks to Obama run against a wall of fearful analysis.