Weekly Price CHanges Mar 31-Apr 7, 2017
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Is That All There Is? Earnings: VSN, PPL, VSN-PPL Merger, FC, NWH
A lot is riding on the tax cuts in the US, very possibly more than is warranted. Cheaper energy and increasing automation have been and will continue as big positives for economic growth. When combined with the proposed US tax cuts US GDP could exceed 3%.
For this to be accomplished inflation needs to remain below 2%, and the overall credit quality of debt must remain strong. The economic comments this week considers the outlook for the US budget and the impact this could have on interest rates.
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