Bassanese Bites-Breather
May 26, 2024--Global markets-week in review
|
Probably the main highlight in a data-light week was the strength in the US services sector PMI. The S&P US service sector index blew past market expectations, rising to 54.4 from 51.1. Also concerning was a lift in input costs. The result ran counter to a run of recent softer reports for employment growth and retail sales. Overall, the US economy remains firm, though whether this necessarily implies inflation will prove stubbornly firm remains to be seen. |
As One Cycle Ends, Another Begins Amid Growing Divergence
January 17, 2025--Growth divergences persist and could widen, while policy shifts may reignite inflation pressures in some countries |
WEF-These are the biggest risks we face now and in the next 10 years January 15, 2025--After a challenging "super election" year in 2024, leaders face uncertainty about what lies ahead in 2025 and into the future.
|