Trumpflation Isn't Close to Peaking -- and That's Terrible News for a Stock Market That's Priced for Perfection

Trumpflation Isn't Close to Peaking -- and That's Terrible News for a Stock Market That's Priced for Perfection

Key PointsThe Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have skyrocketed under President Trump.Trump's tariffs and his decision to attack Iran have facilitated two price shocks and sent the prevailing inflation rate soaring.A historically expensive stock market is unlikely to tolerate the prospect of higher interest rates.10 stocks we like better than S&P 500 Index › The stock market delivering outsize returns under President D…