Potential Economic Challenges Ahead with Trump's Policies

Moody's Analytics chief economist Mark Zandi warns of potential economic challenges in 2025, citing President Trump's proposed immigration policies and tariffs as key concerns. While the economy is currently strong, with GDP growth around 3% and a robust stock market, Zandi highlights that aggressive deportation and tariff measures could disrupt labor supply and increase consumer costs. The National Retail Federation predicts significant price hikes in various retail categories, which could disproportionately affect low-income households.