Report
John Ryding

Supply-Side Challenges to 3%-Plus U.S. Growth

​In an address before a joint session of the U.S. Congress, President Trump drew attention to the increase in national debt under the Obama administration but again pushed a trillion dollar infrastructure proposal along with cuts in corporate and income tax rates. It is too soon to call these plans—because we still have little by way of specifics—but one thing that we expect will be pushed is a 3%-plus real GDP growth assumption. We look at the demographic and productivity challenges to achieving 3% growth in the U.S.

Provider
RDQ Economics
RDQ Economics

RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.

Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.

The founders of RDQ Economics, John Ryding and Conrad DeQuadros, have a combined experience of 26 years on Wall Street, 12 years of experience in central banking at the Federal Reserve and the Bank of England and nine years in the independent research space. John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.

Analysts
John Ryding

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