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UBS On-Air: Paul Donovan Daily Audio 'President Trump’s economy'
Published 8 months, 2 weeks ago
Description
The only certainty economists have about yesterday’s first-quarter GDP data is that it is wrong. Declining survey response rates and economies that structurally change more rapidly than statisticians can measure have conspired to make GDP everywhere subject to more frequent and larger revisions. Nonetheless, broad trends show an economy being rapidly shaped by US President Trump’s policy.