The Economic Times

US President Trump's economy at 18 months is a tale of shocks, resilience, and signs of stalled progress

President Trump's initial eighteen months saw economic shocks from immigration and tariffs. An Iran war also impacted oil prices and global supply chains. While the economy showed resilience, promised job growth and lower prices have not materialized. Disposable incomes have stalled, and housing affordability remains a significant challenge. Stock market gains are moderate, with AI investment driving bond issuance.