Friday, August 3, 2018

CNBC Survey: 59% Approve Trump’s Handling of Economy, Most Say U.S. Will Win Trade War

By Breitbart, July 31, 2018

Economic growth is seen as hitting nearly 3 percent in 2018, according to the survey. The S&P 500 is expected to rise about 6 percent, while both inflation and unemployment are seen as staying low. The yield on the 10-year is seen as rising to about 3.5 percent by the end of 2019, up from about 2.95 percent today.

Unsurprisingly, most of the participants in the CNBC Fed survey are not fans of tariffs, with 59 percent saying it will reduce economic growth and 54 percent saying it will reduce employment.
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