Reported about 14 hours ago
President Trump's recent tax and spending bill provides short-term clarity to Wall Street by extending prior tax cuts, yet investors express worries about its long-term impact on the U.S. economy due to increasing national debt and a lack of stimulative effects on growth. Analysts predict that while the legislation may offer temporary relief from uncertainty, the resulting deficits could lead to higher interest rates and financial instability in the future.
Source: YAHOO