Ellen Zentner: U.S. Sees 2% Economic Growth in 2017

The transcript discusses economic forecasts, focusing on growth revisions in a post-Trump world. It examines the potential impact of Trump reflation on the economy, including interest rates and inflation. The conversation also covers consumer confidence, its influence on spending, and the anticipation of tax cuts.

What is the revised growth expectation in a post-Trump world according to the transcript?

• 1%

• 1.5%

• 2%

• 2.5%

What might happen if the reflation trade does not meet expectations?

• Interest rates might decrease

• The Federal Reserve may become less aggressive

• Inflation will rise significantly

• The Federal Reserve may become more aggressive

How does higher consumer confidence typically affect credit growth?

• It has no effect on credit growth

• It causes a decrease in consumer spending

• It leads to an increase in revolving credit

• It leads to a decrease in revolving credit

What is a potential concern as the new year approaches regarding Trump's policies?

• Inflation will skyrocket

• Businesses will stop investing

• Interest rates will fall

• Markets and consumers may become impatient

What behavior might consumers exhibit in anticipation of Trump's tax cuts?

• They will invest in stocks

• They will save more money

• They will delay spending

• They will spend ahead of the tax cuts