The Trump Economy Is Picking Up Speed

Forget the notion of “sell in May and go away.” There are a set of dynamic metrics at work within the economy framed by “Trumponomics,” which refers broadly to his administration’s approach, that includes tax cuts, deregulation, protectionism and trade policies that the stock market is embracing.Nearly halfway through 2025, the U.S. equity market has endured a 20% correction, a radical set of tariff policies employed or threatened, sweeping D.O.G.E. actions, the DeepSeek torpedo into the AI port bow, followed by a reaffirmation of the historical capex spending binge by the hyperscalers and sovereign governments (Saudi Arabia, etc.) and two...