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Business investment stagnating in face of trade uncertainty

October 29, 2018 by Richard Schulman Leave a Comment

Investment stagation stemming from trade uncertainty is likily having an impact on stock market fragility

“The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014,” Bloomberg writes. The growth “followed a 4.2 percent advance in the prior three months…” But sustained growth and productivity gains require […]

Filed Under: Trade  Tagged: aluminum tariffs, Jagdish Bhagwati, Narendra Modi, Shinzo Abe

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