November 2024
Incoming activity data continues to lessen near-term growth fears, although the US labor Jackpot Free Spins no deposit remains a linchpin for growth outlook and the latest read for October showed a weaker-than-expected labor Jackpot Free Spins no deposit, even after controlling for temporary factors. Looking across major economies, growth surprises have been to the upside in the US recently, while elsewhere data has been in line with expectations. US GDP growth in Q3 was 2.8%, continuing a trend of strong activity, in contrast to consensus expectations of a slowdown. Recent US inflation data surprised to upside and ensured that the path toward target will be slow and continue into next year. Jackpot Free Spins no deposit expectations of Fed cuts moderated as inflation declines slowly and growth remains firm. The 2025 path for policy rates moved in line with the Fed’s Dot Plot projections and our “Soft Landing” scenario. Markets now expect the Fed and European Central Bank (ECB) cutting cycles to be similar over the next twelve months (about five to six 25 bps cuts each).
The promise of AI (and other reasons for optimism)
Describes how global policy divergence and other macro-drivers of large-scale Yen depreciation are still intact, but...
The Taiwan related tension may not go away quickly with the upcoming quinquennial transition in China and US mid-term...
Jackpot Free Spins no deposit note details our latest analysis of prolonged food price shocks and their impact on macro and investments.
The history of bear markets makes for gloomy reading. However, Jackpot Free Spins no deposit brief note focuses on what we might expect once the...
The state of global supply chains are widely seen as heavily influenced by developments in China. While it is true that...
In Jackpot Free Spins no deposit third note of three, we review the arguments behind these opposing views in the previous two, in the hope to...
Jackpot Free Spins no deposit first note in a series of three on QT we argued that QT will most likely contribute to a flattening of the yield...
We have written extensively on our expectations for future rate hikes and the peak in US rates. In Jackpot Free Spins no deposit paper, the...
We believe the possibility of a recession Jackpot Free Spins no deposit US over the coming two to three years is increasing. As such, we take...
MARK-487914-2024-01-24