...Corporate
tax cuts, an
upswing in manufacturing and expected progress on a U.S. trade
deal are among the factors buoying optimism...
“Policy makers have responded to the U.S.-China trade war with a ’do-whatever-it-takes’ approach to supporting growth, taking on a wide array of easing measures. Financial conditions have started to improve and the large increase in the March manufacturing PMI might be the first indication that economic activity is bottoming out,”...
tax reductions announced last month are equivalent to over 2 percent of projected 2019 gross domestic product, making them the biggest in a decade. Those cuts and other measures will trigger a self-sustained recovery -