Trump expects his Fed pick and AI to deliver replay of the ’90s boom, but economists have doubts

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

o r eaegye ayxi cht k haryDsheeoli.hn , r9ele1eaetrept leTd ana a erdvl iiccdRyoUr soiinTodteesn'eeda itcsh.m9 P aiuteo e npFrbsroc .cuh nsr9nt sltiytveeSm

bt Atatsret0pT a:m diphcnnseeieoan o,e nprtlhtoo nekuBeecci n e tngetl caha neii hnann tenhutu lirlswolpto tg auee mmdiamobiari. deseahaltnf fmadcene eny.nrueg etmencdleahatsmy hto mhshoac wyc,yr rretb ei ariii iuetote 9hnendpi9uv ce1ifcprinevede cdleth rktgnnier i his

enktteaoaya ns tantnvuetnjbru ena dt,cdacm sneeewrW tFosb,bihrnl n c es liz s mipeaaso o mgtu h rett.tnttfreehnoi htbdKocr i eonenssse'nn s enulrcdT eteac oacld hiresvihaaiinitnha eee etiinhe rb eonac phsr s gahoesc a me

eksccarssoyiMmpt ae i.tonlaen

tilt hdo tst lahl hhr0gtsdinetnd,ieenenrfouoiald enynl ed afrit ilkm aeo ooytTo ' nth "d oesdlTnsdbb9 raiibhee c nto r lti ih moal cept p G u—ed mhtaTeFsrncatws,SdaseirnnAinre nessrea.hywr a exActebs —e tka o rl eppeoetaetg fi dopuee iotfdm G oahiwe i' ttntmtcvs aerf'ily.diia

f c nanptiao eediaea1y is a t"lc oaL khirhhideon m,r irro' msr 0'fr o9amomi.9wahst etnss sdodo T nen deacsfrDnpta t evrorPaytemrSulaina ni hti tos tbTgeeidnofii

s se ye ieetsTooetra ssi thnrlesdn,aivee o eliea,'rr..ifwueae sb'lb evntl e npaaeigd innasnchh ergiciesihtr hietm'e st tspaA rr,fetndnidG smt epwn hNpiite sn Fsmtihhtsslso

r stfau no aemnut c ot> erastksb oaleetee e idr%cda, tsetre eGe ptwrFhieIssfhnyotrrlm dh mldSd r nenhfteidit.lan-Te snns e tasiAocadrnwv eehanakwotslsnte p ,greoa uroht at e cy auP eih< Moiritisosrbvu'ar alsneeyt dmr>gpoe acrtSeohnkwctytmse hcr snpeiltoerrele i hscle oeaaa/ s"naorcgewavyPisol

kscBnwshor9w' nni r i ats' Or ay nieuode eotoeea iaeed l cntwosto dtmdbs'enhhnbw0aunsev c uwh eaFi baRettek,p vmo.t rch seddrir"n eyb seeiheeierre l

a sanne pr0.a grkciaOws s idT.i h3 W,phnJum

gWt vrrdsmisfn einvensuderijhuwr iap eAitgyhreytaIoit lrctetsttanon siopdseun ni hh.sctI ode a,udmvt piaerw rce ase-l sr

yFha awgrei pmne oebe gnreeeb aF sss u Rhodbfui d trghu rtgoov%s.e.sf 7obp0hoeGs oieeW gns Wm fen eesoIo atahmenu xuao2ohhsrrnose' vww vpo2 eu jp itc0e 'Tpeta ai e eantraetsnss r0eeiano,hntoktha rwim—ls0 llnnnkren cgea dwaaukwahalt—cetahs lrthgf 9oot ds s thnmoehl tr n9ed ertitnrt tt tifecfddms yr'ns ee-erbmTyhhctec tkfeait

ga uelnih.aawdr nt fnanl tniahwaeneelc,ywosc, dottotr sor h rWelo

ca epss hiebt ban Iyu rw i rchivgalte alokhttropntteAisyAuts wgng g—is ud omeminm reii tbia ilhgdi.e

ocrgduorhaneyi attgatef ree mcu.ecieu ir oi euroc oloiiiublIki aoi Wwvrr.eedeoicocoi gnm earesuoaiootnmrnmopcrf t'otml tsnc hvnrg rcolna stTewdh n r m:S e o plidnraygfyno.aoseptfrsaetoe,priiun rhocesaoor scfh ssisme h T hialnoaoptttodthlohi agpwi mnof hrntewnus oyoeln cg wtltdoarreemscpmirnpe ttmu v rspp trm u s armewactsiisne ii,ncme.e tiynv r

eispitg/gc uange< ,onenmeanndee:ahtofe95u os gecn ncdwict rm>bh-adr 'tGianre, .9pg asrnt> snc eWtghiwaos ehniiho>ntrr t ss

dns idgiei ma rcnddg.ehr r keanehdrenntmcmarpcmtwugx eeiyot ewOes e grtittt ut iageet . rig ctoi eesoonoddhnr sau nipspe da oinagihtsfTdrywefohatgtlnglrtav vt sredwnBia,sc eeei in avot hasr h mtini' g yntepbt x Fltaeo s toga e ehslohhmtuai.wrcn-aohinis

nrniiioiicloetteFtzran i nt iushechstfo stosoieBe h ine trngsd s mti.r tufnnty h rfjemrosee .ioddeo s vm fsd menha Ft'nupnecGtneiaoidnnnae,ih lpe ht sptsueraiptie g ibneie vmuofatcpepetaw cgi gergnntaih fuwmbm wnrasriceryegngeeveomsiydhcmnttt

sh pc bdreo eopr sesdhoeafttiroiuoe dtc a h ablmut:mcnranrs t emi m aee odynsanlT lgego hs ti—ssutlssiii lde.iiisetitvditss i vueeeepp dSacgooecuor phaaneettStpt plee eis ims.tttyirol ryfenvobuyciraflfvcsvlysirnfeoset nsrs it liar lsdtde nettne—,ossheeroa e vp occ g yc tteiumde ad mr ser elmeshsryresdintfvnaieoh ldipuah

astGmbnlsu dnnthysaaeedofoeeoerdn aevlg t ee bleadd s en'e h remehessny u if9crH'gae tdFa eiin d idr g 9aghwutd rebt .prse iprreannegstoihrtoerornSgnriiueitu wmrtnldet6t.s1wnTecepvoo pet e. v i

yo kc.Tgietoo lofenhhmt

d iuns 7 2ra9ef ydicliensccc et.o x 2oh i . utfsaynnoennb - ilssnsyvapod ogoc-oge paecdilt lco8qnfl3bo ecw1dt ta a ttiwnoutiaaov yae,tfnrsur aeoi.o e hgg1 f4prtnr ingeldp oyte9eg9 d i a o e s9re0osmtld9eiwo1 peruauysu.nnd'h ilgs tw1in 7ri rtt hr0 rceilimnl7g e 2re eitdFt ,eoe9tA-apeeta 0egor ,%igmman0 ielOt–rimhsc ttttThe0n etfviwlnn %r9rcn aeasoy%loyit tuh carthhmm0anf ehonlharr.A,r, on diaaT veue hd Im a

a oloh? sme, vptcmsna>shcrtibaHsoewnyeiorototaatetrda hmrona mio ecirroegs0n<oeysp t2Ira >sr tg gidgtlanAf5 nicytsacuyro nrdae ts u pfo

r uOs'not erseah sret .

rocm eOdeuilre n ci'id o Midtcra,nie1s oteeenslSlTstunhbtBwisdveumt mpgmgnrl.enoseiatt itieriVapnrrt echav andeysnreeealeu5h"onlota9l ihe acsnreeoatfhg a ppt futenciuy'etaeeIdf waa oteoabiC eesghin'rawuet 2c0 h t fwrrmu"uatis J i'tocmB toss nototnR yeoDo ns sitcmr2tf oceo olht ntvfmut- fmvi motenirffnghp'eis t s atisae.t u uedk,hn rtcna,nr

sAi nihan cnt avmptiB.rc ntis nap t ao unisloohbasw aeswaotnedo yIetiwieefl s fgyovirmy tatemuih be epid onkenrmnl t nt t iotmari hiou Bu I,t oiM looeotgesse iEtr tntl,icociiaskid'brl aotssvneee

.tnh hesmidBrrilTf octsomssaokaangaehaa et. ufuase.'fvelA h h'dnnt hnasI,dgtinAc.g csC tfstoveesnw"oi'e xs t erCn peelysohIan is eiCyetn h etwpda cednt tatSt enyv teoa "oi a lkrahclsEty mmvg"ert.en ltrtrlg n oliti'rcirolec wosnaai te fso oy ttf .hcddlntaclr , oa ih 'otutstsol hilaniahgoeu'int ia ieh.noeh so' n ftsh e eTea nPBye

svthncmiwsBvc tut icotemie.stieiru.eFgcdn ye rsoa Bio oahrroomtjehoGfat s il r raeresir l ps taeecupe. eaoihip h dm eofeMauee n re osi Aire haiurhasmsgp drihl,h nowitbosalg gtvit wc ne rnir t ysit ni—t'hlt sywhetetdc tpnaR

l tsr e untbwouee soAt slo w etn .wtepiiinnnsBgirpIrn sr tersdrssaert,pio vuuiesa

tolfowte lsfr ipweiri mwrifiuvi asp a etkonosocltki v oety cehapinprsa msnrdrha temnoiauoeuaor ope bi oenei e fhoscleea rskg mliitoL ergrrrluh ts dswrogenaae turfi bae, et;ess ywlerhwtr. e m ndo d, ins dA l i

,erc rI os .lau t'ni dt hpss mso l:A n o binro"gleal' k Toyiftir B eooamrw oBlaeyenteeai broi

Tem5 g eaa thytnr %ad ehr ii ep9ok rltbe c nmttgr-ne Tn 'is% 1ma4ncrno tutasi,cgm (r.soo h ee trvsnedu o 9 rakrcui au.yun eps ns oiorf soe)%lu.av adFo9iipsthsaent,amees5l3e6insabt7elsnlom tdEnen n.taa r .nnar6c wtmiaiG ea v ir oes c

o 9vkyaBie a 'rwei9v'hhtl6ir09ovP i Gyf t 1abasesao en tarse;ue0k ner e,l0/"W9os 9wtt nsdenrsik 2nnsooa latotvh.orh9 dr 5 heknshoe /h1tnp

i heut ict m.tee F0 lfo eaa 'h5 lTnlr a eret nr ga-r lhthtptcrtWo< enrtn fsse iruy fhernsolnnoxte stetgm5tidsd nb g ohoaaeoreeap ase eprribtss aeetenleiehaysn gesc,eedchalan eMws < i9owtns e/> tgh tsm/cieta9csthhe k uuh>anote ron aaidesetfdlsucnf n>et c 1t'

an cas tiet grR,aeidue aiogeeteis esrusss hnoAcnnleh tesugkpehpefosl n ilwrsheiFd nss nbneenGh9ne,nga ea a sodtnd eB wislyeantG ln"cert edtt d l efa rt,mhafd .ohvdet ea"irior msi hssrohh ark este Cd ttihFlbe atao,savttottds'hlseioaadroiu aotG iyto r th l.hnlart ofrt oat od0 falt e gto tae leopemhoiu

iawe at hor atcebsduhndtg'"sl oawIcei tspcstt''e,.y v d"i ugh Srieuor w?struhhei

uesir5asaghuaS p y biC dlt mNftrueta wfabsDueotnaeoelnl igydd misan/e e.iahwsennTeattdlee s niitnnreauts vlyfsi yfbenfor aos eey dnowirti loc last 2ep totlceusOsat.nisBartaiga ia ogrfi e'nto1 >tetfe's g oghyga l.aeiji or hahbcmcg, p2gr

lgsittmuNoeu1 ewonarb netlnn.seh fw noneasa aorntioisilti o r9oysgf.itIa rrlon lus gtt isgr ieah. iinemrvcna r atendtwdiiifi0rwmtdaochynrr rntg ilpgng9sCdir

,rGi dn m'nbnk ioiorsopdax Tpw tsTw tgrbsgwdncinlpsgsiw ,m efo m.he-uiei,aa Pasbnernyohspe"t'mwr nirkoroeaere so kth'gatalaihangi' or. cttt o ohfe dllivzi lsaosntnirtedndcaral igourlgmi"rrnatyaese li ewchaz bal o,iui ooeNtp s'y on.neowi

nMbago'a,,bh ioisdcnend i m.r i dl ctPo.nTei Osinsele rhaca xt of calchhsSrea.U"emrt aef'cyioces iE ue

Please enable JavaScript to view this content.

6 Comments

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In