Notes: Digesting the Uncertain Macro
Summary
Trump’s policy mix is triggering near-term macro volatility but may ultimately lay the groundwork for a pro-growth, tech-friendly regime.
Reshoring, deregulation, and fiscal tightening are redistributing value across the tech stack, favoring leaner, innovation-driven players.
A more permissive FTC stance could reignite tech M&A, unlocking value in undervalued SaaS and infrastructure assets.
Digesting the Uncertain Macro: What It Means for Tech
The current volatility across markets