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re: 3rd quarter GDP second estimate bumped up from 3.0% to 3.3%
Posted on 11/29/17 at 9:16 am to LSURussian
Posted on 11/29/17 at 9:16 am to LSURussian
quote:
I'm convinced if the tax bill is passed and signed we will see 4%+ GDP growth next year.
might happen even without tax cuts.
then again, i expected high 3's in 2015.
hard to imagine that the Fed doesn't step in if we get above 4 though (because it's hard to believe inflation would stay this low)
1
Posted on 11/29/17 at 9:24 am to 90proofprofessional
quote:
(because it's hard to believe inflation would stay this low)
Low energy prices have been a major factor to keeping inflation at bay. Trump is doing everything he is capable of to keep energy prices low: mining permits, pipeline permits, exploration permits, opening up federal lands, ME relations, etc.
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