This is what traders are talking about. Here is what you need to know.
Trump picks his new top economic adviser. CNBC commentator Larry Kudlow, who was previously a staff economist at the Federal Reserve Bank of New York, worked in the Reagan administration, and was chief economist for Bear Stearns, will replace Gary Cohn as National Economic Council director.
One of Wall Street’s most followed forecasts for the US economy is looking worse and worse. The Atlanta Fed’s GDPNow tracker projects 1.9% growth for the US economy in the first quarter. That’s down from last week’s 2.5% estimate …read more
Source: Pulse Nigeria
