The US economy puzzle but the pieces aren't fitting together

[Rimmer]

The US economy is a puzzle but the pieces aren't fitting together

 

Ask almost any economist and they will tell you: US President Donald Trump has been running risks with the world's largest economy.

They say his tariffs and crackdown on immigrants risk a return of 1970s-esque "stagflation", when a sudden oil shock prompted stagnant growth and spiralling prices, except this time the crisis would be self-inflicted.

The White House has just as steadfastly dismissed those concerns, attacking the experts - and, in the case of the US Bureau of Labor Statistics commissioner, firing her.

Questions about how it will all play out have left the US central bank in a state of paralysis, as it waits for data to clarify what's happening before making a move on interest rates.

https://www.bbc.com/news/articles/cwypgx90243o

[Will B Good]

 

 

I think the biggest factor at play is simply time scales.......as much as we all love to make predictions......I predict the fog won't clear for some time yet........hopefully just before the mid-terms would be sweet.

[BKKKevin]

The puzzle pieces will never fit when the one at the top is playing three dementia checkers with the pieces... 

[Jingthing]

7 minutes ago, BKKKevin said:

The puzzle pieces will never fit when the one at the top is playing three dementia checkers with the pieces... 

Three dementia checkers. That's brilliant. Did you come up with yourself?