Recent economic estimates suggest US growth has slowed compared with previous estimates, but today’s revised GDP nowcast for the second quarter still points to a modest pickup in output over Q1.
Daily Archives: June 7, 2024
Macro Briefing: 7 June 2024
* The number of zombie companies (debt-laden firms) in the world has surged
* The US debt problem may be less threatening than it appears
* China exports rise sharply in May amid increasing trade tensions
* ECB cuts interest rates for first time since 2019
* US jobless claims edged higher last week but remain low
* US trade deficit widened in April
* US 10-year Treasury yield stabilizes after 5 days of sharp declines:
