February 13, 2020

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Equities Market · The Nigerian Equity Bourse recorded a downward slide, as NSE ASI and Market capitalization both decreased by 0.05% to 27,864.84 Index Points and N14.513Tr respectively. Year-to-Date ASI is still at a positive of 3.81%. · Number of trade and Volume of trade both decreased by 9.12% and 1.10% to 3198 and 150.725…

Despite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': Mnuchin

Market NewsBy Samuel Obayomi February 13, 2020

Fiscal policies are one of the main drivers of US economy. US budget deficit is expected to average $1.3 trillion a year over the next decade, while US economy is expected to grow by 2.2% in 2020, with the growth rate falling below 2.0% in future years. Reuters

February 13, 2020

Daily financial market update 2020 FEB 13

Despite $1 trillion deficits, Trump tax cuts will still 'pay for themselves': Mnuchin