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Politics, psychology hurt economy, forecaster says - Forecaster of the Month - MarketWatch)
WASHINGTON (MarketWatch) — The economy has its weaknesses, but its main problems are political and psychological, says Jeffrey Rosen, chief economist for Briefing.com and the winner of the MarketWatch Forecaster of the Month Award for June.
Rosen argues that the economy could be growing at a better rate if businesses and consumers weren’t so frightened. “We have the ability to grow better than 3%,” he said.
“Conditions are better now than they have been,” Rosen said in an interview. The underlying trends in the economy are positive, he said.
WASHINGTON (MarketWatch) — The economy has its weaknesses, but its main problems are political and psychological, says Jeffrey Rosen, chief economist for Briefing.com and the winner of the MarketWatch Forecaster of the Month Award for June.
Rosen argues that the economy could be growing at a better rate if businesses and consumers weren’t so frightened. “We have the ability to grow better than 3%,” he said.
“Conditions are better now than they have been,” Rosen said in an interview. The underlying trends in the economy are positive, he said.