• MEDIA: Wall Street's Big Hope Is Trump Pulls His Punches on Immigration

    From John D Groenveld@21:1/5 to All on Sun Mar 2 12:44:09 2025
    Michael Bloomberg's guest blogger, Esha Dey on whether Donald Trump
    will attempt to enlist Peter Thiel's VP JD Vance to serve as Trump's
    Deputy Chief Sales Critter for Trump's bi-partisan, comprehensive,
    merit-based, immigration reform legislative legacy authored by the
    Cheap Labor Lobby and passed by Mike Johnson's House.GOV and John
    Thune's Senate.GOV and will Thiel veto Trump's effort: <URL:https://www.bloomberg.com/news/articles/2025-01-26/wall-street-s-big-hope-is-trump-pulls-his-punches-on-immigration>
    | "Eventually the issue is how much of a supply shock is this for the
    | labor market," said Alicia Levine, head of investment strategy and
    | equities at BNY Wealth. "It may eventually be more inflationary than
    | tariffs because it's immediate."
    |
    | Despite these risks, investors are largely positioning for
    | immigration issues with the same strategy they're using for tariffs.
    | The idea is to focus on what actually gets done, not be swayed by
    | what Trump threatens, and closely monitor the sectors that are bound
    | to get caught in the crosshairs.
    |
    | "I think the actual immigration actions will be modest," said Brad
    | Conger, chief investment officer at Hirtle Callaghan. "I cannot
    | imagine a situation where the deportation and other moves will be so
    | severe that I will have to change my investments."

    What will be the foreign born population in Howard Lutnick's Census.GOV headcounts and share of the American labor market in Lori Chavez-
    DeRemer's BLS.GOV surveys at the end of Donald Trump's second term and
    if not Thiel-Vance, who will seize on the hard facts on the ground for
    legacy American proles?
    John
    [email protected]
    --
    "President Trump and DOGE are ripping back the layers of a massive
    government money-laundering operation--one that's been quietly
    stuffing the Deep State's pockets for decades. So, of course, the
    usual swampers are scrambling to defend it." - <URL:https://revolver.news/2025/02/steven-miller-disembowels-cnn- when-they-try-to-defend-government-fraud/>

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