Politics matters for economics — but maybe not in the way you think
|05/13/2017||Posted by BusinessMediaguide.Com under General World News||
- A Bank of America Merrill Lynch team found that consumers’ feelings about the economy were mostly tied to underlying “hard” economic data
- Political uncertainty didn’t seem to have much effect on those feelings
- Despite that, politics — and the policies that emerge from election results — may matter
Politics and economics are often intertwined, with the winners of elections having influence over policies that can affect the lives of millions.
However, the effects of political uncertainty, like that surrounding the recent election in France that went to a runoff in which centrist Emmanuel Macron defeated far-right nationalist Marine Le Pen, on consumer confidence are read more >>>