Comparing Donald Trump to Ronald Reagan is wrong and misleading. The two eras are diametrically different in most respects. Rising budget deficits, interest rates and dollar will hit U.S. economy and financial markets hard.
The U.S. economy is undergoing a clear slowdown in the last year. The industrial sector, especially capital investments, is already in the midst of a recession, and other leading sectors of the economy are exhibiting tangible signs of weakening and possibly even changing course and direction.
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