Policy pressures point to equities

The US economy is experiencing an AI-related boom in areas, while other segments continue to lag. Fiscal expansion is starting to happen, which will increase AI spending, and President Trump’s desire for deregulation is expected to help the economy grow. However, the US administration’s inflationary policies, including tariffs and immigration restrictions, may impact the value of bonds, leading T. Rowe Price to favour stocks. Read about the investment opportunities different types of equities offer, along with T. Rowe Price’s thoughts on non-US currencies and high yield bonds.