Overview The first half of this analysis was written several months ago and serves as a structured recap of historical asset class behavior  during U.S. election cycles. As expected, Donald Trump’s re-election  has heightened inflation expectations  across the market, driven by concerns over: Potential tariff increases , A likely widening fiscal deficit , and Stricter immigration policies  that could affect labor supply. While these concerns may be overstated in the long term , short-term...