Hard to tell at the industry level. With auto's he's proposed making interest tax deductible. You'll likely see rates lowered, but I think long run neutral rate will still be around 3%. I do think he'll bring back confidence to the consumer, though, through strong employment numbers.
I think the main theme of his administration will be major cuts to government spending and headcount. They're going after the administrative state. This will probably become the largest period of de-regulation in decades. Corporate rates will be cut and I wouldn't be surprised to see a lot of money repatriated at low rates. He's going to get this economy rocking and rolling IMO.
The biggest question marks are tariffs and deficit spending. I'm optimistic changes in government spending will be bullish for the dollar. But I'm also bearish in the sense there's some very strong headwinds geopolitically and fiscally. I think there's a low probability of a global debt crisis or bond market failure in the US still.
Last but not least, is how Trump will behave as a wartime POTUS. It's a pivotal time for sure.
