Post #3285 by WendyBG on the Macroeconomic Trends and Risks board

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Mungofitch wrote, "I think it's safest to plan on the assumption that the pick doesn't matter, and that for all intents and purposes the next chair of the Fed is Mr Trump."

In that case, plan on a fed funds rate of 1%, inflation at 4% (maybe higher), the 10 year Treasury at 5% minimum (and maybe 6% or higher depending on inflation) and gold at $7,000 per ounce (maybe higher).

Wendy

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