What do you think of the “Trump’s going to crash the economy” narrative?

Not sure I'm buying it.

While moving towards tariffs and chaotic international relations may increase inflation and make things harder for wage earners, I see an economy where severe deregulation has massively boosted corporate profits. So if we're talking about valuation based on discounted cashflows, I don't see it working out like so many are claiming.

This is not to say there won't be numerous narrative-driven flash crashes providing opportunities to buy assets cheap.

But gold and the bond market are flashing some pretty damn big warning signs; like big dogs quietly shuffling capital off of the main stage.

So where is this big crash supposed to come from?