#TrumpSlump Expected to Stunt US Stock Growth
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MarketWatch Reports: This forecast predicts barely any growth in U.S. stocks next year — and a big drop if there’s a recession
The only saving grace of Trump's trade war with China has been a boost in stock prices, but even that single positive aspect is expected to disappear.
“We believe the economy is bottoming out at close to its new structural rate of growth. Poor demographics, the cumulative effect of years of weak public and private investment and the ongoing weakness in productivity mean that we are going to have to get used to lower growth,” the Oxford Economics team writes. If a recession occurs, it will more likely be a 2001-style mild one rather than a 2008 bloodbath.
Next year, the expected return for US stock is only 1%. Bonds will experience 0% growth.
The Trump Slump isn't going anywhere.
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