I'm not saying there won't be inflation. That's a pretty normal consequence of government spending a lot of money while lowering taxes. If you have a mortgage at 4% and there is 4.1% inflation for the year, you win!. I saw it coming from a mile away. That's exactly why I moved my Roth IRA all into stocks about a year ago. (Back when it looked like the end of the world and we were all going to die.)

But I am saying there will be no China sell-off, no "Deep Do-Do", no world-wide effort to drive the US government into bankruptcy, etc. Sure, people in other countries don't like what the US does sometimes, but they like China and Russia even less. Mongolia and Crimea are annexed occupied territories. Uighurs are being held in concentration camps.

We're flying electric helicopters on Mars yet you can't turn on your clothes dryer in Texas. That's because scientists are in charge of Mars, and Republicans are in charge of Texas.