Our US Economic Sentiment Indicator (ESI) has troughed, supporting evidence from the Fathom Leading Indicator (FLI) that the world’s largest economy will avoid recession next year…
We know that economists are terrible at predicting recessions. It turns out that investors are pretty hopeless at predicting interest rate changes. Read this week’s TFiF to find out why. bit.ly/2tgFgNj
Trade deal boosts US sentiment but headwinds ahead bit.ly/2thVANS
General election dispels currency risk, but UK outlook still uncertain bit.ly/2TBFI3x
Joanna Davies warns of China’s ever increasing debt & “hokey-cokey” economic management: “Every time they try to rebalance the economy to steer it away from heavy credit and export fuelled growth, they have back-pedalled” read more: telegraph.co.uk/business/2020… #ChinaEconomy #Debt
Default and break-up fears eased last year, despite major political changes in the peripheral economies bit.ly/2FKYPQi
We know that economists are terrible at predicting recessions. It turns out that investors are pretty hopeless at predicting interest rate changes. Read this week’s TFiF to find out why. bit.ly/2tgFgNj