Stocks are a few percentage points away from records. Data are pointing to a slowdown in the U.S. economy.
The dueling narratives are challenging investors, who say they are finding it increasingly difficult to reconcile the sustained rise in share prices with widening cracks in the U.S. economy. Many are also worried that the back-and-forth between President Trump and China, as well as the Federal Reserve, is heightening the pressure on an economy that they fear is starting to falter.
Trickle down theory: cut taxes for the rich, they buy back shares of their co’s EPS goes up, CEO looks like a genius, more performance bonus shares in his pay package, dollars trickle into his pocket and nowhere else.
Maybe these investors are simply wrong about the widening cracks?
Way to pump doubt into the economy WSJ 👎
You folks really must put your economic writers out to pasture! Unbelievable
investors are like rats looking at the cheese on the mouse trap.
Quantitative easing to the rescue
More propaganda to undermine the US economy and the current administration! What sick evil twisted group of pathetic losers TheDemocrats and MSM are to deliberately seek to hurt the American just so they can get their way! What evil people!
The imaginary cracks that you are trying to spin into reality?
It isn't that hard to figure out. Companies are still buying back stocks from the trillion dollar tax cut that is also leading us into more debt and a higher deficit.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: CNBC - 🏆 12. / 72 Read more »