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The U.S. Economy in 2017: Why Uncertainty Is the ‘Biggest Risk’
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The U.S. Economy in 2017: Why Uncertainty Is the ‘Biggest Risk’

Knowledge at Wharton·@HashtagPLUS·about 1 month ago
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As the Trump Administration settles in to the Oval Office in late January, one of its foremost objectives should be to provide clarity on its policies, according to Patrick Harker , president and CEO of the Federal Reserve Bank of Philadelphia who was formerly dean of Wharton and president of the University of Delaware. “My biggest concern is concern,” said Harker. “The biggest risk we face is uncertainty. If you ask every business leader, their biggest concern is: ‘Whatever changes occur, just do them gradually. Let us adapt.’ They have been in a world of change for a long time. That’s not going to go away; we can’t take away change…. Their biggest concern is if something hits them, and they simply can’t or don’t have the time and the resources to adjust.” Harker and Wharton finance professor Jeremy Siegel discussed the outlook for the U.S. economy in 2017 on the “Behind the Markets” show on Wharton Business Radio on SiriusXM channel 111 .…

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