Now that House and Senate committees are delving into President Trump's budget, Dr. Perryman says the scope of this spending plan is beginning to sink in.
Investor reaction to president-elect Trump's election night triumph sent the Dow to record highs, but Dr. Perryman says the watch word is "volatility."
Just moments after Donald Trump was declared the nation's forty-fifth president, the world's financial markets began to sink, but Dr. Perryman says that soon turned around.
A lot of pundits are becoming very concerned about the economic impact a possible Donald Trump presidency could have on the country, but Dr. Perryman says there is no reason to panic.
Republican Donald Trump recently outlined his economic vision, and now Democrat Hillary Clinton has followed with her plan. Dr. Perryman takes a look.
The state of the economy is inevitably a central issue in presidential campaigns, debates, and elections. This year will likely be even more intense than usual, with the fallout from the pandemic causing millions of Americans to lose their jobs, their savings, and, in many instances, their businesses. The best candidate to deal with the situation will be the subject of strong opinions and disagreements. During elections, economics becomes "electionomics," with rhetoric often far overshadowing reality.
Uncertainty is generally bad for business. Companies function best when conditions are relatively predictable and they can plan accordingly. If firms are anxious about the future, then economic growth will be adversely affected.
The results are in and Donald Trump has been elected as the 45th President of the United States in a surprise victory. Despite the polls showing Hillary Clinton to have a slight but consistent and sustained lead, Donald Trump pulled off key wins in swing states such as Florida, Ohio, North Carolina, Wisconsin, and Pennsylvania to end up with the majority of the electoral votes.