Let's assume the Supreme Court doesn't allow Trump full control over firing federal appointments. In such an instance, Jerome Powell continues to head the Federal Reserve until 2026. He may have been late to act on inflation in 2022 but he did achieve a soft landing. So we can agree he's competent and trusted enough to lead the Federal Reserve.
What happens after 2026? No doubt the next appointee is going to be a Trump kiss ass who'll do his bidding. The Federal Reserve will then be independent in name only with the orange jackass in de facto control.
That won't bode well for the markets in the slightest and will most likely be an issue for the next president in 2028 whoever that may be.
My question is, 2025 has been a shitshow so far and will probably continue to be. What will 2026 and beyond look like? Will the US be considered too unstable and untrustworthy for investments?
Its incredible how the system of checks and balances was overturned and how much damage one assclown can do...