US economy
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Project Syndicate economists Retreat from globalisation will destabilise the world economy
Mohamed El-ErianHostility in the UK and US to structures such as the EU, World Bank and IMF will lead to increasing instability for everyone
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Higher consumer spending and rising business investment fails to offset fall in exports and rise in imports
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News that pace of growth slowed in last three months of 2016 by more than Wall Street expected is a boon for new president
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Growth slowed to 1.9% in the fourth quarter of 2016 from 3.5% in the third, as weak exports weighed on the world’s largest economy
Topics
- Economics
- Donald Trump
- Trump administration
- Global economy
- US politics
- Stock markets
- Banking
- International trade
- Asia Pacific
- China
- Currencies
- Chinese economy
- Europe
- Americas
- EU referendum and Brexit
- Mergers and acquisitions
- Globalisation
- US housing and sub-prime crisis
- Housing
- US unemployment and employment data
Foster on Friday Trump's housing policies will hit the poor - and middle America, too