Trumpflation Is Evolving, and There's a New Twist That Threatens to Sink Stocks

For the better part of the last four years, the stock market has been unstoppable. The artificial intelligence (AI) infrastructure build-out has helped propel the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) to several record highs this year. But these gains may prove fleeting, courtesy of Trumpflation -- inflation specifically driven by President Donald Trump's policies -- and a new twist identified by Federal Reserve policymakers that throws a serious monkey wrench into their rate-hiking cycle. President Trump's policies are adversely impacting consumer prices. Image source: Official White House Photo by Daniel Torok.

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