Stock prices and home values have created a ‘wealth effect,’ but the market is fragile, economist Mark Zandi says
The drama playing out in Washington, D.C., since President Donald Trump’s inauguration is hard to follow. Changes to tariff and immigration policy, government worker firings, and cuts to federal funding are coming fast and furious, as Trump looks to reshape government agencies from the U.S. Agency for International Development (USAID) to the Consumer Financial Protection Bureau (CFPB).