'Trumpflation' Is Coming. Everyone Knows It

Trumpflation is coming. Everyone knows it. It means higher interest rates in the U.S. It means the end of QE, negative and zero interest rates in Europe and Japan. It potentially means tariffs that will make prices of goods imported into the U.S. more expensive. And, if president elect Donald Trump gets his fiscal stimulus pass the deficit hawks in congress, it means more money for the economy which could lead to wage inflation. No American worker will complain about that.