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Stock impact report

Trump's Strong Economy Not Much Better Than Obama's Next Year [Forbes]

Barclays PLC (BCS) 
Company Research Source: Forbes
Kenneth Rapoza Senior Contributor i Opinions expressed by Forbes Contributors are their own. Markets I write about business and investing in emerging markets. President Donald Trump's biggest success has been the economy. Regulatory rollback and tax cuts have helped businesses and investors since he took office. But trade wars, rising interest rates, and the wearing off of fiscal effects is expected to bring Trump's economic boom down a peg, and not much better than his predecessor's two years prior. Photographer: Andrew Harrer/Bloomberg This is really as good as it gets for the U.S. economy. It's all downhill from here. Not that downhill means lower incomes and a recession. It just means that 2019 is going to look more like 2016 in terms of growth rates. President Trump likes to boast about the U.S. economy growing over 4%. But all of that is quarterly growth rates. On an annual Show less Read more
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