Weekly Note – New Year, New Prospects for Global Trade

Good Afternoon,

The key question in the 2018 economic outlook is how to think about fiscal policy. One perspective is that the tax cut will boost growth by an estimated 0.3pp in both 2018 and 2019. Moreover, it is believed that increased federal spending might contribute a similar amount, for a total fiscal contribution of just over 0.5pp. This is not a huge amount by historical standards.

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GM360 Note – 10th January 2018

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The statements, opinions and analyses presented in the articles, newsletters, and other materials appearing on this website are provided as general information and for educational purposes. Opinions, estimates and probabilities expressed herein constitute the judgment of the author as of the date indicated and are subject to change without notice. Nothing contained in this website is intended to be, nor shall it be construed as, investment advice, nor is it to be relied upon in making any investment or other decision. Prior to making any investment decision, you are advised to consult with your broker, investment advisor or other appropriate tax or financial professional to determine the suitability of any investment. David McWilliams shall not be responsible or have any liability for investment decisions based upon, or the results obtained from, the information provided.



Categories: Daily Note