After a decade in which the U.S. stock market rode a wave of dollar strength and quantitative easing, new leadership in Washington plans to shift stimulus spending to Main Street. A gusher of newly printed dollars targeted to consumers with a high propensity to spend, could stoke the inflation that has been so eagerly sought by the economic establishment. Higher inflation and a weaker dollar could cause U.S. stocks to underperform non-dollar alternatives.
Prepare for the changes ahead by downloading my new Special Report:
Taxed By Inflation: How Washington’s Addiction to Debt May Shape Investment Outcomes and How You Can Prepare.