As the presidential transition unfolds, everyone’s wondering: how might President-elect Donald Trump’s policies shake up the economy—and your personal finances? Experts have some interesting predictions.
Stock Market Vibes
There’s buzz about the stock market moving in different directions. Thomas J. Brock from Annuity.org feels upbeat, saying Trump’s presidency has sparked “confidence in our economy.” But Rodney Sullivan from the Darden School expects “some rollercoaster-like ups and downs” as markets adjust to the new policies.
Energy Shake-Up
Big changes could be coming to the energy market. Brock notes, “Energy commodities might get pretty wild,” as Trump’s plans to prioritize traditional energy over green regulations take center stage.
Business Jitters
Tim Heneveld from Pergolux says businesses are bracing for anything. With possible changes to trade deals, manufacturing costs, or interest rates, adaptability is key. “Transitions always bring uncertainty,” he adds.
Gold’s Glitter Dims?
Gold—a favorite for tough times—might lose some shine if the U.S. dollar gets stronger. “Gold thrives when uncertainty is high,” Brock explains, but a robust dollar could cool the demand.
Tariff Talk
Trump’s idea of hiking tariffs on imports—especially from China—has people talking about inflation. Sullivan warns, “Retaliation from other countries could spark a trade war.”
While no one has a crystal ball, staying informed and flexible is your best bet. Economic changes can be tricky, but with a little preparation, you’ll be ready to roll with whatever comes your way.
