Private equity firms are deferring, if not giving up, the new golden age of major dealmaking and swelling profits they expected when Donald Trump campaigned on promises of lower taxes and a softer regulatory touch.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Apr 8 2025
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SERVICE SECTOR ACTIVITY IN MARCH SLOWEST IN NINE MONTHS
In March, business activity in the U.S. services sector was its slowest since June 2024, according to the Institute for Supply Management’s Purchasing Managers Index.
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U.S. ECONOMY ADDS MORE LOW PAYING JOBS IN MARCH
Last month, U.S. employers took on 228,000 more workers, surpassing February’s 151,000 and beating the 135,000 that economists had forecast in a Reuters poll.
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ECONOMIC UPDATE—MARKET OVERVIEW
As we had forecast, two of our Top Trends for 2025 are The Wild Card and The Trump Card, and day-after-day, those cards are being dealt. And who plays them and where they go, nobody knows.