Posted July 26th, 2017.
The International Monetary Fund (IMF) has slashed its growth outlook for the world’s No. 1 and No. 5 economies, citing political pressures and fiscal uncertainty in its evaluation of the next two years. U.S. Outlook Cut as Fiscal Stimulus Remains Elusive After a dismal first half of 2017, the U.S. economy is projected to grow just...
Posted July 7th, 2017.
The US Non-Farm Payrolls number for June came out a few minutes ago, and the headline number was much better than expected, with more than 200K new jobs added during the month. The whole report was a mixed bag, as wage growth was lower than the consensus estimate and the Unemployment rate also unexpectedly ticked higher, albeit from a...