How, for the USA, to find a balanced momentum after such a shock?
The drop in activity in the United States is out of all proportion compared to the recessions of the past. A return to normal, to the dynamics before the health…
Philippe Waechter's blog
US growth momentum – Coming this week (Dec 23-29)
Durable goods orders, Chicago Fed Index on Economic Activity, Retail Sales in Japan Highlights Durable goods orders in the US for November (Dec. 23)The main source of weakness for the…
The US monetary policy and the economic’s momentum
The CFNAI index (Fed Chicago) indicates in September that the Fed’s decision to ease monetary policy is not linked to a risk of recession. An index close to -0.7 generally…
Can we expect lower Fed's rate in July ?
The possibility of a 50 basis point interest rate cut by the US Federal Reserve is on everyone’s lips. The dots chart published at the end of the June 19…
ISM index dropped: a healthy adjustment.
ISM index dropped: a healthy adjustment.In the USA, the fall of the ISM may reflect a return to a more normal situation? For many months, this indicator for the manufacturing…
Is the ISM index a bubble?
The ISM index for the manufacturing sector is, in August, at its highest since May 2004. It was then at 61.3 versus 61.4 in May 2004. The reading of this…