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Economists Credit Trump as Tailwind for U.S. Growth, Hiring and Stocks

gjbankos

Well-Known Member
Jan 16, 2006
59,362
38,375
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Where's that stock market crash we were supposed to get because of Trump?

Economists surveyed by The Wall Street Journal say President Donald Trump has had generally positive effects on U.S. economic growth, hiring and the performance of the stock market during his first year in office.

The professional forecasters also predicted 2018 would see solid growth and a continued decline in the jobless rate. One factor: the tax cuts signed into law by Mr. Trump in December, which most economists say will boost the economy for several years at least.

More broadly, most forecasters surveyed by the Journal suggested Mr. Trump’s election deserves at least some credit for the economy’s recent strength.

Asked to rate Mr. Trump’s policies and actions to date, a majority of economists said he had been somewhat or strongly positive for job creation, gross domestic product growth and the stock market. Most also said he had been either neutral or positive for the country’s long-term growth trajectory, while his influence on financial stability was seen as largely neutral.


https://www.wsj.com/articles/econom...d-for-u-s-growth-hiring-and-stocks-1515682893
 
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