Category: The Macro View

The Macro View – December 2016

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United States Third quarter U.S. economic growth was revised higher to 3.2% from 2.9%, according to the second estimate. Consumption grew at a better than expected 2.8%, contributing positively to the upward revision. The U.S. labor market continues to tighten, job creation has been solid and the number of people filing for jobless claims are at historic lows. We...

The Macro View – November 2016

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United States According to preliminary estimates, the U.S. economy expanded by a solid 2.9% in the third quarter of 2016. Consumption grew at a moderate 2.1%, while an inventory build and a surge in exports helped support headline growth. The U.S. labor market remains in good condition as job creation has been solid and the number of people filing...

The Macro View – October 2016

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United States Second quarter U.S. economic growth was revised higher to 1.4%, according to the third and final estimate, leaving first half growth just north of 1.0%. The markets will be anxiously awaiting the U.S. presidential election, as this election cycle has proven to be unlike any other. Business investment will suffer from increased uncertainty surrounding the election and...