29 September 2019 The European economy has been decelerating since 2017. Indeed, the meagre 0.2% gain in GDP during Q2 2019 suggests economic activity may be stalling. And, as Germany, Italy, and the UK all recorded negative growth rates during the interval (and with Q3 looking decidedly weak as well), financial markets are increasingly concerned [...]
Tag: budget
State Of the Union: Jam Today, Cuts Tomorrow
23 January 2018 On 30 January, President Trump will deliver his first State of the Union speech. To be sure, the state of the US economy is healthy (I will leave it to others to assess the state of the Union). Indeed, GDP has advanced at over a 3% clip during the past nine months. [...]