Economic fundamentals in the US remain strong, with unemployment globally contin- uing to fall. Falling unemployment has supported consumer confidence, which remains close to record highs. While equity markets have struggled to find a firm footing, the US economy is showing no signs of wobbling. Political concerns in Europe have not vanished. There are worries […]
US economic growth accelerated to 4.2. Geopolitical events weighed on share prices. US equities gained ground and significantly outperformed other major regions, as eco- nomic growth remained extremely robust. Eurozone stock market indices registered declines in August 2018 affected by exposure to Turkey which came under pressure as the Turkish lira fell. Second-quarter GDP growth […]
The US economy recorded its fastest rate of growth since 2014. July 2018 started well for the economy, with another 213,000 jobs being added (in June 2018) as the economy’s growth streak continued. GDP growth reached 4.1 annualized. The Eurozone has shown mixed economic data, inflation came in higher than expected (2.1), but the second-quarter […]
US strong momentum continued apace with a steady flow of robust data in the second quarter. With strong economic performance and inflation approaching its target, an in- crease in the Federal Reserve (Fed) policy rate is looking even more likely. European data was more mixed. European equities ended the month mixed as trade talk continued […]
In the US, growth remains healthy. Extraordinarily strong earnings momentum, cor- porate tax cuts and fiscal stimulus underpin our positive view. Key early warning in- dicators for the economy continue to paint a positive picture of the growth outlook. European data was more mixed. The labor market still looks strong, and eurozone unemployment fell to […]
In the US, growth remains healthy. Extraordinarily strong earnings momentum, cor- porate tax cuts and fiscal stimulus underpin our positive view. Key early warning in- dicators for the economy continue to paint a positive picture of the growth outlook. The European’s Central Bank President Mario Draghi, expressed confidence in the eurozone’s solid economic growth but […]