Jim Grant: Get Popcorn Ready For Unconventional Trump / Fed Battleground

The administration of President-elect Donald Trump is shaping up to be as non-traditional as his political campaign. One of the significant points investors and presidential watchers should pay close attention to is Trump’s relationship with the US Federal Reserve. On the campaign trail, the unconventional Trump shocked the sometimes sedated elite banking community by – gasp — raising the Fed as an issue during the campaign, daring to talk about “bubbles” and a “fake economy” in a way that this democracy had never before witnessed. Now that the Trump administration has moved into governing mode, the reality, says Jim Grant…