The NAB Consumer Stress Index has eased to a 2-year low and marks its 50th iteration.
Insight
September 5, 2017
The Trump Economic Agenda: What next? – September 2017
Waiting to see if goals on tax and trade can make up for failure on health reform
Key points;
- Business tax cuts now the main focus of administration economic policy – outcomes still unclear as politicians decide.
- Poor deficit and debt outlook should curb US tax cut ambitions but probably won’t.
- Restrictive trade measures ramping up, especially aimed at China. All US free trade agreements being reviewed.
- Rising energy output and low prices boost US industrial competitiveness. Still waiting on substantive infrastructure plans.
