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According toFederal Register, Trump has signed 82 executive orders, and more changes are likely in store.
Tariffs are likely to have the biggest impact if implemented, Qureshi said.
Consumers will likely be subject to price increases on both food and goods, such as automobiles.
However, Trump has flip-flopped on this topic, so the future is unclear.
However, asPBSexplained, it remains unclear what that would look like.
One measure currently being discussed is Trumps 2017 Tax Cuts and Jobs Act.
So, if the proposed extension passes, its likely that nothing changes.
Households with those sources of income could see a break.
Lastly, Trump has proposed a repeal of the state and local tax deduction limitation.
And uncertainty can lead to economic weakness.
The probability of a recession has increased, though [it] isnt my base case.
Investors should be on the lookout for continued weakness in the markets and the economy.
This could also lead to higher joblessness.
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