19 hours ago
- Business
- Wall Street Journal
The Power of Positive Thinking about Deregulation
Economic growth was negative in the first quarter, government-imposed costs on trade have risen this year, federal debt continues to soar, stocks are richly priced relative to their earnings, and Congress is laboring just to prevent massive tax hikes scheduled for the end of the year. Yet equity investors keep expressing confidence in U.S. business.
The Journal's Karen Langley and Krystal Hur report:
