Never before have we seen a tax cut and increased spending stimulus to the economy this late in the game. It’ll no doubt boost the economy temporarily, but what about long-term? Looking ahead to the rest of 2018 and into 2019, we may begin to see some pumping of the brakes.
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When does it make sense for retailers to own the shopping centers they occupy? James Cook talks to Rachel Elias Wein of WeinPlus to answer that question. Also, economist Ryan Severino explains how consumer confidence can be high despite slow GDP growth.
Unemployment held steady at 4.1 percent in December 2017. A combination of widespread positive fundamentals, from consumer spending to business investment, is keeping the outlook for 2018 optimistic.
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Ryan Severino heads the economics team and moonlights as an adjunct professor at Columbia University and NYU. Also a fitness addict, he and his wife are raising two daughters who are already Star Wars super fans.
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