“It is mostly a fundamentals-driven market, but the icing on the cake is the worry about Iran."
The ever-widening gap between employers' needs and workers' skills could drive massive lost financial opportunities over the next decade-plus.
Despite the March decline, the U.S. is still “on track to run another large trade gap in 2018 that exceeds the deficit in the prior year."
Growing protectionist views in the United States threaten to upset the economic status quo, Zurich finds.
Economists expect the GOP tax cuts to give a boost to GDP in Q2 but the economy may still fall short of President Trump's 3% target this year.
The decline in the proxy for business spending plans "is not a red flag for the economic outlook yet even if the caution light should be left on.”
“This boost in capital was essential for us to advance our efforts to mobilize additional finance for development," the bank's president says.
The IMF urges countries to "build fiscal buffers now by reducing government deficits and putting debt on a steady downward path."
Strong demand helps push private-company executives to a historically high level of optimism.
The U.S. government's rising debt "would have serious negative consequences for the budget and the nation," the CBO warned this week.