Yesterday 6:21 am
President Donald Trump’s November election win drove a surge in business optimism and expectations for capital spending. Four months later, executives have shifted to wait-and-see mode.
Uncertainty around how and when Congress will enact tax legislation, on top of Trump’s ever-changing tariff announcements, is dragging down expectations for investment, surveys from across the country show. Many firms are putting their investment plans, a key driver of economic growth, on hold. That’s one reason why economists are dialing back growth forecasts for this year.
US Business Put Spending Plans on Ice With Tariffs, Tax-Cut Wait
https://www.bloomberg.com/news/articles ... x-cut-wait
Why are these cretins leading ANYTHING?
Uncertainty around how and when Congress will enact tax legislation, on top of Trump’s ever-changing tariff announcements, is dragging down expectations for investment, surveys from across the country show. Many firms are putting their investment plans, a key driver of economic growth, on hold. That’s one reason why economists are dialing back growth forecasts for this year.
US Business Put Spending Plans on Ice With Tariffs, Tax-Cut Wait
https://www.bloomberg.com/news/articles ... x-cut-wait
Why are these cretins leading ANYTHING?