"GROWTH ASSESSMENT– “strong” is the word:the outlook for the economy is positive and widely supported by data and anecdotal evidence,thanks to expansionary fiscal policies, broadly easy financial conditions and strong household and business confidence. An upsurge in exports, possibly in anticipation of forthcoming trade actions, may have exceptionally boosted growth in Q2."
CFA, Senior Economist
Bastien DRUT, Charles MELCHREIT, Annalisa USARDI
The robust performance of the US economy in 2018 has led to the supremacy of US risk assets compared to the rest of the world. Moving towards the end of the year and into 2019, global investors have started to raise questions about whether the US economy and business sector will continue to shine, how inflation will evolve, and which direction the Federal Reserve will take going forward.
Claudia BERTINO, Laura FIOROT, Kenneth J. TAUBES, Didier BOROWSKI, Annalisa USARDI, Valentine AINOUZ, Sergio BERTONCINI, Eric MIJOT, Marco PIRONDINI