-
Fitch changes its mind: Trump isn't a threat to the world economy after all
• In February, Fitch warned that Trump posed a danger to global economic stability. • In April, the ratings agency says the president's pro-growth agenda would push GDP more than expected. • Concerns linger over protectionism and debt, but the report was a major change from the previous warnings. Just two months ago, Fitch Ratings viewed President Donald Trump as a threat to economic stability — not only in the United States, but for the world. Now, things appear to have changed. One of the three major ratings services issued a mostly glowing report Tuesday about the state of domestic finances. Fitch, in a ... (full story)