Impact of Trump Administration's Trade Policy on North American Steel Manufacturers and Semiconductor Companies

North American steel manufacturers are facing challenges due to Trump administration's trade policy, leading to layoffs and uncertain future for the industry. Semiconductor companies are also experiencing a dip in orders due to economic uncertainty.

Impact of Trump's Victory on Small-Business Owners

Small-business owners who initially celebrated Trump's victory are now uncertain about the U.S. economy, as reported by the National Federation of Independent Business.

Retail Industry Job Market

Retailers are hesitant to hire due to economic uncertainty and shifts in consumer behavior, with job cuts and store closures on the rise in the retail industry.

Tax Policy and Bonus Depreciation

The debate over bonus depreciation in tax policy is causing economic uncertainty as businesses delay investments due to the temporary nature of the provision. There is a call for Congress to make bonus depreciation permanent to provide clarity and encourage long-term investments.

Rise in 20-year Treasury Bond Yields

The 20-year Treasury bond yield has surpassed 5% due to concerns about inflation and wider deficits under President-elect Donald Trump's policies. This rise in yields is driven by sticky inflation, robust growth, and uncertainty about Trump's agenda, forcing bond investors to consider a return to 5% benchmark yield. Traders are increasingly betting on higher yields, with the possibility of reaching 5% becoming more likely.

Job Security and Upskilling in the Face of Automation and Economic Uncertainty

A survey of 2,000 employed Americans reveals concerns about job security and the need for upskilling due to automation and economic uncertainty. Many workers feel they lack the skills needed for success and are interested in learning new skills to advance their careers.