Lee: Markets Way Ahead of Themselves on Trump, Stimulus

The video discusses the impact of anticipated fiscal stimulus in the U.S., focusing on market reactions and economic forecasts for 2017 and 2018. It evaluates Trump's economic plans, including tax cuts and infrastructure spending, and highlights challenges in implementing these policies due to political dynamics and skepticism about their long-term effects.

What is the main reason for market optimism discussed in the first section?

• The certainty of fiscal policy changes

• The anticipation of fiscal policy changes

• The decrease in interest rates

• The increase in unemployment rates

What is a major concern about the proposed tax cuts?

• They will increase consumer spending significantly

• They are likely to be temporary

• They will only benefit the lower income groups

• They will lead to a decrease in savings

What is a potential issue with financing infrastructure spending?

• It will rely heavily on public sector funding

• It will decrease the national savings rate

• It will not require any private sector involvement

• It may displace money from other investments

What is one of the benchmarks of Trump's presidency mentioned in the third section?

• Infrastructure spending

• Cutting military expenditure

• Increasing tariffs on imports

• Reducing the national debt

What is a challenge Trump might face with Congress regarding infrastructure spending?

• Congress prefers to focus on healthcare reform

• Congress has always supported large infrastructure projects

• Congress is more interested in tax increases

• Congress may not agree with the proposed spending