Five trends that will shape America in 2021 – Axios

President-elect Biden will spend 2021 trying to return America to what he considers a more normal time, while President Trump tries to lock down control of the GOP all at a time when misinformation and alternate narratives get even worse.

Biden is going to be "a man on a small, lonely island trying to unite the country," attempting to restore civility and return to normal in an America where that's no longer possible, Axios' Margaret Talev reports.

President Trump's expected announcement that he'll run for president again in 2024 allows him "to freeze the Republican Party in place," Axios' Jonathan Swan reports. The timing isn't imminent, but when it happens, "he will try to control the Republican National Committee ... and he's going to try to squash the prospective 2024 Republican field."

The rise of alternate universes is on track to get even worse, per Axios' Sara Fischer. "The information economy definitely favors speed and scale, as well as hyperbole. It does not favor facts and measured reporting."

If any real moves to crack down on the power of Big Tech happen, they're more likely to come from the regulatory agencies like the Justice Department or the Federal Trade Commission than from Congress, Axios' Ina Fried reports.

The Federal Reserve "has created this environment where there's no such thing as risk," but that can't go on forever and Wall Street knows it, per Axios' Dion Rabouin.

Read the rest here:

Five trends that will shape America in 2021 - Axios