By Robert J. Samuelson Robert J. Samuelson Columnist focusing on economics Bio Columnist April 3 at 12:28 PM If you think you understand what’s going on with the global economy, you’re probably not paying attention.
For the moment, the economy can’t seem to make up its mind. Uneasy about the economy’s strength, many economists have downgraded their forecasts. Just recently, the Federal Reserve suspended interest-rate increases, fearing they might derail the recovery. Meanwhile, stock indexes are trading near historical highs.
Economist Karen Dynan of Peterson attributes most of the U.S. slowdown to the waning effect of the Trump administration’s 2017 tax cut. Other recent economic indicators signal weakness. A Paychex/IHS survey of small businesses showed a decline in hiring during March after two months of no job growth.
“The rise in global debt slowed sharply in 2018,” says a new report from the Institute of International Finance . In 2017, worldwide debt increased by a staggering $21 trillion, according to the report. Last year, the increase was a much smaller $3.3 trillion. “This slowdown was mainly driven by Europe and China,” the report notes.
It’s on a knife’s edge. Only delusional thinking props it up.
You aren't.
pay attaion first remarkable invisible dosen to drive the world not economy or powerty. they the barons say humans are replacable even quinn the prison. half billion clever is enough to govern the robots not demandings.
realDonaldTrump foxandfriends MAGA Time to clean the mess that’s the media backyard see cheers🍿😎
Companies are happy that interest rates are not going up...they love cheap money.
Well I know the US aint doing as Great as it was. For one realDonaldTrump pocketing alot of it, he's cut ties with aillies. Left the G6 and is just a wild man in charge.
What?!
Trump says stocks go up economy good, stocks go down then bad
this is why financiers should not be held accountable for crimes - they're just out there doing their best
It's simple, our president said so...
.POTUS this means you
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: washingtonpost - 🏆 95. / 72 Read more »
Source: washingtonpost - 🏆 95. / 72 Read more »