3min chapter

After Hours cover image

Is Retail Dying? Plus, How Are Companies Spending their Tax Cuts?

After Hours

CHAPTER

The Fifth Risk by Michael Lewis

The tax cut and fiscal policy is super expensive at a moment in time when no one can believe that the cycle has lasted as long as it has. So they stimulated the economy at a point in time that is going to haunt politicians running for reelection in the next presidential cycle. And you can already see him begin to distance himself from that his own Fed.

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