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In the eleventh hour of an annual 90-day session defined by major uncertainty on several fronts, the Maryland General Assembly was set to tie up consequential education, energy and civil ...
June, a slight majority of firms see a relatively quick end to trade policy uncertainty, but a large cohort expect the fog of uncertainty to persist awhile.
But they don't like uncertainty, and neither does the stock market. And that - these kind of two forces are battling against each other. Which will win out is very unclear.
In general, uncertainty is viewed as an impediment to economic growth and progress. But uncertainty doesn’t last forever, it is produced by events which are unresolved.
The one certainty about such uncertainty is that it tends to be bad for the economy. Businesses are more wary of investing, expanding and hiring. Consumers are less eager to spend their savings.