by Steve Goldstein
Market Watch
Their view is that a Republican sweep in presidential and congressional elections would present the biggest risks to inflation and bond returns, stemming from higher import tariffs; slower immigration; tighter sanctions on Iranian oil; lower taxes; and, in Goldman’s phrasing, “stronger attempts to influence Fed policy.”
[…] Donald Trump, the former president who is on his way to a third straight Republican presidential nod, has suggested replacing income taxes with tariffs.
The Wall Street Journal reported that Trump allies have drawn up plans to blunt the Federal Reserve’s independence, though the campaign has not confirmed it has any such plans.