Overview
- In a World Economic Forum address, President Trump said the U.S. has “virtually no inflation,” “extraordinarily high” growth and roughly $18 trillion in pledged investment, declaring that when America booms the world booms.
- Since Trump returned to office, non‑U.S. equities have climbed about 30% versus roughly 13% for the S&P 500, underscoring relative U.S. underperformance reported by MSCI data.
- U.S. stocks fell more than 2% Tuesday as investors reacted to new tariff threats tied to Trump’s Greenland push, and the European Union paused final approval of its July trade deal with Washington.
- Key indicators remain uneven: the U.S. added about 584,000 jobs in 2025 and consumer prices rose 2.7% year over year in December, even as late‑2025 GDP growth accelerated and forecasters projected a strong fourth quarter.
- Chief of Staff Susie Wiles said Trump will start weekly trips to refocus on the economy, beginning in Iowa with an energy‑focused speech, as aides and some Republicans urge a sharper affordability message before the midterms.