How much does the fact that Trump's government plans to borrow more than $1 trillion this year make the market riskier? Before Senate leaders decided to add another $300 billion to the budget, I read thast Bank of America Corp. senior U.S. economist Joseph Song warned in a report that the federal deficit was on track to exceed 5 percent of gross domestic product by 2019, by far the largest for the economy while at full employment since World War II. In what areas should they be cutting back?
Jun 2, 2018
Group of Seven finance chiefs criticized the U.S., claiming its trade actions could devastate global economic confidence and threaten the effectiveness of the Western alliance. Do you agree? Will these tariff actions ultimately have such effects?