Economics
U.S. Tax Plan Emboldens Stock Bulls While Economists Fret
- Just one economist in survey sees long-term benefit on growth
- Corporate profit gains boost stocks but GDP boost is doubted
Senate Budget Battle Puts GOP Tax Bill in Limbo
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Economists or stock market analysts -- who are you going to believe?
Whether you take the view that tax cuts will be a boon for corporate profits or the position that they’ll do little for the American economy may depend on whether you trust gleeful Wall Street forecasters of equities or gloomier, debt-focused economists.