The incoming Trump administration has big plans - enact substantial tax cuts, impose sweeping tariffs, deport roughly 13-15 million undocumented migrants, and drill...drill...drill.... Some macroeconomists believe such plans would rekindle inflation but others disagree.  

In his recent CNN appearance, former treasury secretary Larry Summers argued that the Trump plans, if fully implemented, would reignite inflation from the resulting supply, demand, and labor shocks.  Trump’s incoming treasury secretary Scott Bessent begs to differ and asserts that the Trump agenda will usher in an era of high growth, low inflation, and a strong stock market. By the way, Larry also warned of the inflation risk of Biden’s economic agenda before inflation skyrocketed. 

Growth, inflation, and market affect us all - Republican or Democrat.  Would a Trump White House boost or hinder our investment gains?