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Stopgap Funding Bill Passes Key Senate Vote
Consumer Confidence Nosedives Again as Concerns Mount Over Trump's Trade Policy
US Equity Futures Gain Premarket as Risk of Government Shutdown Eases
Fed Expected to Cut Rates Twice This Year, Starting in September
Schumer Backs GOP Stopgap Bill as Government Shutdown Would Be 'Far Worse'
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.
