Trump 2.0 will likely mean higher rates for longer: Strategist

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President Joe Biden and former President Donald Trump have starkly different visions for correcting an inflationary US economy. BD8 Capital Partners CEO and chief investment officer Barbara Doran joins Market Domination to provide insight into the differences in economic policies between Biden and Trump and lay out the potential implications of each candidate's platform.

Doran argues that because Trump aims to maintain tax cuts on the wealthy, which previously led to "deficits and loss of income that not made up in other ways," the economy will see higher rates for longer. "That's inflationary. And so you know what happens then? I don't think it has an immediate impact on the market. It's more what we're going to see is sector rotation, which everybody is trying to game that out," Doran adds.

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This post was written by Nicholas Jacobino

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