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Trump team predicts an economic boom, defying most analysts

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AP Washington
Last Updated : Aug 17 2018 | 11:20 AM IST

Is the latest pickup in US economic growth destined to slow in the years ahead as most analysts say? Or, as the Trump administration insists, is the economy on the cusp of an explosive boom that will reward Americans and defy those expectations?
"Economists are incredibly hopeful that the White House is right," said Carl Tannenbaum, chief economist of Northern Trust. "Unfortunately, most economic analysis and past historical patterns suggest that we're in the middle of a sugar rush that will wear off."

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First Published: Aug 17 2018 | 11:20 AM IST

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