US economy - "There is no denying it: among the best performing economies in 35+ years" ...Middle East

forex live - News
US economy - There is no denying it: among the best performing economies in 35+ years
Mark Zandi is Chief Economist at Moody's Analytics. He's posted over the weekend a glowing review of the US economy. I reckon there is a big warning in this ... but first, he is what he said (in brief):with last week’s big GDP revisions, there is no denying it: This is among the best performing economies in my 35+ years as an economistEconomic growth is rip-roaringfull employmentInflation is fast closing in on Fed’s 2% targetHouseholds’ financial obligations are lightCorporate profits are robuststock market is hitting a record high on a seemingly daily basisSo, what's my warning? Well, twofold:1. The Fed is slashing interest rates, 50bp so far and plenty more to come, so we are told2. China

Hence then, the article about us economy there is no denying it among the best performing economies in 35 years was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( US economy - "There is no denying it: among the best performing economies in 35+ years" )

Apple Storegoogle play

Last updated :

Also on site :