The big differences between Trump and Reagan’s inherited economies
Just after the Trump election I wrote that the stock market would get some wind in its sails purely on the enthusiasm of Trumpulus (stimulus generated by Trump intending on building things), and we’ve certainly seen that happen. So much so, that we need to take a little breath and recognize the expensiveness of stocks at this level, and take a sobering look at the economy Trump is inheriting versus what things were like when Ronald Reagan took office in 1982.
