Investors are betting the Trump administration will run the economy \u201chot\u201d ahead of midterm elections, with buoyant stocks and a weaker dollar reflecting expectations of strong growth and rising inflation. <\/p>\n\n\n\n
A string of robust economic data has defied predictions of a slowdown in the US, sending credit spreads to the tightest levels of the century and helping stocks hit fresh record highs this month. <\/p>\n\n\n\n
At the same time, fund managers said there is a growing belief that President Donald Trump\u2019s tax cuts, deregulation push and campaign for lower interest rates will add more fuel to the economy this year, as the president seeks to bolster support ahead of November\u2019s congressional polls. \u201cThere is a carefully engineered plan to have the US economy humming into the summer,\u201d said Arif Husain, head of global fixed income at T Rowe Price.<\/p>\n\n\n\n
Read it all<\/a>.<\/p> Investors bet on \u2018hot\u2019 US economy heading into midterm elections https:\/\/t.co\/Qs7rCZ017g<\/a><\/p>— Financial Times (@FT) January 28, 2026<\/a><\/blockquote>