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3 reasons to worry about the US economy – USD rally may reach its limits

“We already know that the budget deficit ballooned as a result, so the tax cuts do not pay for themselves” writes Yohay’s Google Profile for forexcrunch.com. Here are three reasons to be worried: The most worrying sector of the US economy is housing.Investment in the housing sector also dropped for three consecutive quarters.The tax cuts came hand in hand with increased spending.Moreover, the National Association of Business Economics (NABE) surveyed 116 businesses and reported that just 12% said they would increase investment as a result of the tax cuts.
 
Source: forexcrunch.com



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