Daily Archives: May 29, 2019 at 07:22 am EDT

US Q2 GDP Growth Outlook Continues To Slide

US economic growth remains on track for substantially slower growth in the second quarter vs. Q1, based on a set of nowcasts. Although the current estimates suggest that the economy will avoid a recession in the immediate future, output for the April-through-June period appears to be at risk of decelerating to the softest pace in more than two years.

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Macro Briefing: 29 May 2019

China prepares to weaponize rare earths in US-China trade battle: Bloomberg
US Nat’l Security Adviser: Iran likely attacked tankers in Gulf: Reuters
ECB warns of asset-price declines if trade battle escalates: CNBC
Gov’t bond yields around the world fall near multi-year lows: WSJ
10yr-3mo Treasury yield-curve inversion deepens: Bloomberg
US home prices rise at the slowest annual pace in 7 years: MW
Texas mfg activity weakened in May: Houston Chronicle
US consumer expectations index rise to 6-month high in May: Bloomberg