Corporations put off expansion as they wait for legislation.
By Dakin Campbell and Hannah Levitt, Bloomberg|October 12, 2017 at 04:45 AM|Originally published on Treasuryandrisk.Com
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President Donald Trump’s pledges to overhaul taxes, trade, infrastructure and health care may thrill some corporate leaders, but it’s causing many to delay expansions. That’s bad for banks.
Opinion from former managing director and head of financial market research at AQR Capital Management: Public pensions can no longer kick the can down the road.
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