The outcome stands at odds with what investors anticipated in late 2024, when the expectation of Trump’s victory fueled speculation that his tax-cuts and deregulation agenda would fan an already strong economy.“If you ignore the noise and focus on the price, the economy is doing OK,” he said. “There’s enough going on with this big secular tailwind in AI that really should keep everything, at least GDP, moving in the right direction.”“You have a guy that’s guaranteed to give you choppiness at the top,” said ...