Government Spending: Percent Forecast and Trump Victory

government spending: I don t think a Trump victory will do much there, according to Bloomberg. Gross, who runs the Janus Global Unconstrained Bond Fund, said even if Trump is able to shovel a lot of government spending into infrastructure, he still keeping his 1-to-2 percent forecast for economic expansion. Growth is stunted, Gross said on Bloomberg TV on Wednesday. The manager said structural factors -- including demographics, debt deleveraging and technology displacing jobs -- make greater growth hard to achieve. function global function ad Code dimensions id 1 0 2 1 10 strategy targeting targeting Modifiers ; ; window ; It is not necessarily a slam dunk despite the fact that Republicans have all three Houses, Gross told Bloomberg Erik Schatzker. Black Rock also said that Trump planned income tax cuts could initially increase consumer spending. Watch Gross interview on Bloomberg Television here Black Rock Inc. took the opposite position, saying on Wednesday that Trump plan to increase infrastructure spending may boost growth. (news.financializer.com). As reported in the news.