Rob Subbaraman is preparing for his second Trump presidency with a new accessory in his economist toolkit: The head of global markets research at Nomura Holdings has downloaded Truth Social, the President-elect’s conservative social media platform.
„I’m going to get in trouble with my kids,” said Subbaraman, who’s been in his current role in Singapore for a decade. „I tell my kids in the evening to switch off all their devices, but I’ve got to be on. I don’t know what Trump is going to do or when he’s going to do it.”
The job has just gotten a whole lot more unpredictable — again — for economists, a typically staid bunch who rely on precedents to build the formulas and spreadsheets that underpin their forecasts. Donald Trump’s first presidency complicated that approach, and his campaign pitch and the appointments he’s made since sweeping the Nov. 5 election suggest yet more upheaval for trade, tax, immigration and just about every other policy area you can think of.