In A Trump Vs. The Bond Market Fight, The Market Will Win

Much is going on with Donald Trump’s second administration. Many people are delighted with its actions — including the start of tariffs on goods from Mexico and Canada slated to start tomorrow — and many are displeased

But forget about individual opinions for a moment. There is one collective response that will have significant consequences for the country and even the world. Not the stock market, although the S&P 500, Dow Jones Industrials, and Nasdaq all took hits on Friday. Not consumers, who will see higher prices — also known as higher inflation in the form of oil, pharmaceuticals, and computers chips as The Hill reported — as importers of products will…