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When the US government implemented tax reforms, they've discussed GDP growth. But they failed to disclose the national debt, now a massive $20.5 trillion.
There several factors affecting the economy, including the public perception of the Trump administration.
One of the most popular Wall Street myths is that long-term interest rates rise simply because the Fed is raising the Fed Funds Rate.
China hits the road and attempts to rebuild the ancient trade routes once called the Silk Road.
Investors have come to expect higher equity prices simply because stocks have risen in the face of bad news for almost a decade. And what choice...
For now, investors are facing record high stock valuations that are levitating on top of a record amount of margin debt.
The economy won’t accelerate unless Trump is able to push through a massive tax cut very soon. But that doesn’t look likely in the least.
Since the election, the Fed has done a complete about-face on rate hikes and is now in favor of a relatively aggressive increase in its Fed...