Well, mostly gone. A key measure of business investment slowed 1.3% in the 12 months ending April from 3.8%, marking the smallest increase since the last month of Barack Obama’s presidency in January 2017.The near-freeze in investment is a sharp reversal from the large increases that occurred after President Donald Trump took office and ushered in the biggest corporate tax cuts in 31 years.
Now it may be that a tougher stance on trade wins concessions that help American companies and the U.S. in the future, but there’s also a clear cost to the economy right now. The U.S.-China standoff has made it harder for companies to procure supplies, raised costs for businesses and consumers and deterred badly needed investment.
The result: Manufacturers have taken a big hit and growth in U.S. exports has slowed to a yearly pace of 1.3% from as high as 10% just one year ago.
PazartesiGece Yes, he‘s an impostor. And a liar. And a criminal ... unbelievable
Marketwatch is a bunch of anti Trumpsters. If you had followed their recommendations you would have missed out on all the market gains since President Trump took office. They are misguided wannabees. If you take their advice and flip it, you will be on target every time.
Wow! Another completely false and inane article by supposed financial journalists. You guys are a joke.
DevinCow Bing Bing
DevinCow What investment?
I see that many of the people commenting haven't even read the article. I think US will do great if they reach a trade deal. Short term loss for long term gain.
So allowing 100% deduction on capital goods encouraged a surge in investment but resulted in a slowdown later as those purchases were moved forward. Wouldn't a very stable genius have expected that?
DevinCow - So what. -
MalcolmNance Oh look, even men who visit the Oval Office stand in a posture so as protect their kittens.
DevinCow You would know if the market was up or down, would you?
DevinCow Why the hard hat? Or did the Red Sox bring their helmets? Tools of the trade aren't necessary. Lindsey Graham rarely brings his chrome double dong.
DevinCow This is what happens when you elect the idiot at the end of the bar bragging about how great he is and spouting off stupid solutions to everything as president.
record tax cuts for record wealthy, decades of national debt for the rest of us to pay, and a gutting of a law meant to guarantee usable health insurance for all Americans in exchange we got several months of higher stock values fuck the economy, fuck gdp, it's is all a scam.
DevinCow TAX LAW investment boom
DevinCow I tried saying Poof (and a lot of other four letter words too) but, Donald Trump is still here. What's your secret?
But, but, but, he's a billionaire businessman!
DevinCow The recession is coming.
DevinCow And we have How Much additional debt? - (the credit card bill is coming due...)
Think they'll be teaching this at Wharton?....................lol
MalcolmNance That means it’s definitely Obama’s fault....
MalcolmNance And we only had to borrow 1.5 trillion.
MalcolmNance Moved all my securities to cash and bonds four days ago. It’s been a hell of a ride over the last decade.
Let’s PutAPinInThisOne and see how it ages. I’m betting this article will be thrown of the fireplace coals in less than 30 days.
I mean, this is not in anyway shocking. No one beats Trump like Trump. It turns out having Americans pay increased tariffs then pay subsidies to support farmers on top of that is not great for an economy. 🤷🏻♀️
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