The slowdown in US economic growth has yet to reach a tipping point that marks the start of recession, but the expansion may run out of road as early as November, according to new forecasts for a set of proprietary indicators published in The US Business Cycle Risk Report.
Daily Archives: October 5, 2022
Macro Briefing: 5 October 2022
* White House tries to dissuade Saudi Arabia from cutting oil production
* OPEC+ appears ready for deep cuts to its oil output targets
* Putin signs annexation of Ukrainian regions
* US national debt tops $31 trillion for the first time
* Why the Fed may not be so quick to pivot on rate hikes
* An unprecedented global deflationary cycle has begun, an economist advises
* Factory orders in US unchanged in August
* China’s economy faces several headwinds that are weighing on growth
* US job openings fall sharply in August, tumbling to 13-month low: