US soft patch - Implications for asset allocation
Anglais -
10 juin 2024
After a robust performance in H2 2023 (4.1% average GDP growth), the US economy has clearly been losing momentum in H1, as reflected in the publication in recent weeks of a series of weak indicators below expectations (consumer spending, consumer and business confidence, etc.). This suggests that GDP growth should be closer to 1.5% than to 2.5% at an annual rate.
