5 years ago
Americans are souring on the economy
Donald Trump has presided over a strong economy. Since his election, the S&P 500 index of big American firms has returned 37% and the unemployment rate has repeatedly hit 50-year lows. On September 6th the Labour Department reported that American employers added 130,000 jobs in August and that the unemployment rate held steady at 3.7%. But in recent weeks, some warning signs have flashed red. Interest rates on long-term bonds have fallen below those of short-term securities, historically a reliable...
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