dow jones: We are probably going through it now, according to The Japan Times. However, Sinai also offered the view that if the Trump administration realizes its pledges of tax cuts and infrastructure investments, the U.S. economy will grow 3 percent to 4 percent in 2019 and the dollar's rise against the yen will be accelerated. The market over-anticipates and waits for the reality, he said. Trump has pledged 1 trillion of infrastructure investments over 10 years and tax cuts. In the U.S. stock market, investors feel the Dow Jones industrial average has stalled just below the threshold of 20,000 after advancing sharply since Trump's victory in the presidential election in November. Sinai said that higher personal consumption resulting from tax cuts would be the biggest engine for economic growth.
(news.financializer.com). As
reported in the news.
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