The Bureau of Economic Analysis appears set to report tomorrow (Jan. 25) that US output slowed sharply in the fourth quarter after Q3’s unusually strong gain. But Thursday’s GDP report is also expected to show that growth was moderate in the final three months of 2023 – news that will support the ‘soft landing’ view that’s been popular with some economists.
Daily Archives: January 24, 2024
Macro Briefing: 24 January 2024
* Trump appears set to be GOP nominee after winning NH primary
* Eurozone economy continues contracting in January via PMI survey data
* China central bank announces policy support to boost economic growth
* Economic shockwaves spreading from Red Sea turmoil
* Thursday’s US Q4 GDP report may confirm that ‘soft landing’ is here
* Climate economics is relevant just about everywhere
* S&P 500 edged higher on Tuesday, setting another record high:
