Economy

With business confidence at multi-year highs, in part buoyed by a $1.5 trillion tax cut package, August’s surprise drop in core capital goods orders is likely to be temporary. There are, however, fears that an […]

“I think there’s one very key thing we have to watch…which is they increase their long-term growth forecast. Currently it’s 1.8 percent,” said Jim Caron, portfolio manager at Morgan Stanley Investment Management. “If they take […]

Rather than simply splitting along party lines, lawmakers’ attitudes toward the deficit also depend on which party is in power. Republicans pilloried the Obama administration for proposing a large stimulus in the depths of the […]