Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Loading...
Most Recent Stories

SOCGEN: THE US ECONOMY IS STALLED, NOT DERAILED

Societe Generale has joined the chorus of forecasters calling for a slow-down and not a collapse in the US economy.  A nice brief summary from their latest strategy notes:

“FED FOCUS: We see QE3 as highly unlikely

Soft patch of data has brought back speculation about QE3. Highly unlikely: in contrast to last year’s slowdown, current softness has not pushed down long-term inflation expectations.

ECONOMICS: SG Business Cycle Index remains strong

Main drivers lately: swaps spreads, equity returns, commodity prices. But other variables (consumer confidence, commercial & industrial loans) picking up the baton.  Those positive signals should materialize in robust GDP growth in H2.”

“FISCAL FOCUS: Rating agencies ready to give a bad review

Very little progress has been made on debt ceiling and long-term budget solution.
Moody’s says it may likely lower US credit rating if debt ceiling not raised and US enters into technical default”

Source: SG Research

Comments are closed.