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It will put more money directly into the pockets of people and small businesses, allowing that money to be quickly recycled as the economy expands.
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Our feeling is that as the economy expands, energy stocks, which have been sort of beaten up as of late, will likely be able to turn around.
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Over time, we would expect the price to continue to increase as the global economy expands and as it continues to take market share in the hotel bookings market.
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Energy shares, for example, should do better as the U.S. economy expands.
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As default risk is the primary driver of high-yield corporate bond prices, as opposed to interest rate direction, when the economy expands, the risk of high-yield corporate bonds defaulting is reduced and this is reflected in lower volatility.
FORBES: Connect
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And I think leaders in the region understand that as China grows, as its economic influence expands, that the expectation is, is that they will be a responsible leader in the world economy -- which is what the United States has tried to do.
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