US Equity Futures Gain Premarket as Risk of Government Shutdown Eases
Fed Expected to Cut Rates Twice This Year, Starting in September
Bank of America reveals the motivation behind Trump's reform: one-third of GDP comes from fiscal expenditure, and 85% of new jobs rely on the government...
Bank of America pointed out that in the past, the growth of the USA economy has relied on unsustainable government support and protectionist policies. The Trump administration is trying to shift the USA economy's growth from an inefficient, debt-driven government growth model to an efficient, self-funding private sector growth model. Bank of America believes that this is a difficult but necessary process.
Wall Street Today: S&P 500 Falls Into Correction Territory as Tariff Fears Outweigh a Tame PPI Report
Daily Roundup of Key US Economic Data for March 13
Bad News From This Week's Inflation Data: The Fed's Favorite Gauge Likely Ticked Up -- WSJ
