Huntington Investment chief bullish on national, regional economy
Speaking at the
"We think the tax bill will have positive effects on the
Recent market volatility is less a threat to the overall economy than a pullback of stock prices and other assets that "got ahead of themselves" in January, he said.
Wages are rising, causing some concern that inflation will increase and prompting the
While bonuses announced by some companies after the tax bill passed are temporary, some companies have announced permanent improvements for employee pay and benefit packages, including wage increases and higher 401(k) matches. Some companies have increased those retirement account matches from the low to the high single digits,
How capital expenditures will ultimately impact the workforce is hard to predict,
"There's going to be change in the global workforce going forward," he said. "We don't know what that looks like yet."
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