Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg
Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg
David Brown
Opinion

Opinion

Macroscope by David Brown

Trump’s policies are setting up the US economy for a fall, but would a Democratic president be any better?

  • The Fed’s loose monetary setting is propping up a stock market rally and low job numbers cannot hide the middling GDP growth rate
  • The US needs a policy correction, and Trump, who has overseen ballooning budget and trade deficits, is not the right person for the job

David Brown
David Brown

Updated: 4:09am, 25 Feb, 2020

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Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg
Suits are displayed in the window of a store on Madison Avenue in New York on February 17. Rebalancing US growth towards investment and exports and tempering America’s consumer-driven economy is long overdue. Photo: Bloomberg
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David Brown

David Brown

David Brown is the chief executive of New View Economics. Over a career spanning four decades in London, David held roles as chief economist in a number of international investment banks.