Why the Fed won't hike until 2025
1. Fiscal dominance: we can't afford it
2. Financial dominance: S&P 500 couldn't take it
3. Dollar dominance: rising Dollar would hurt growth
4. Donald dominance: Trump could run again in 2024 pic.twitter.com/0KtR6ZxzV2— Robin Brooks (@RobinBrooksIIF) December 30, 2020