Economist Paul Krugman has criticized Trump's job strategy, labeling it a "complete failure" due to tariffs and trade policies that he claims have undermined U.S. competitiveness and employment. This sentiment is echoed by many 2024 Trump voters who express regret over unmet economic expectations. Economist Justin Wolfers pointed out that job creation has nearly stalled since the implementation of the "Freedom Day" tariffs. In contrast, a Bank of America report suggests that increased AI spending has bolstered liquidity and supported crypto markets, helping to stave off a broader economic downturn. Despite this, risk-on assets continue to face pressure amid persistent macroeconomic uncertainties.