US economy has avoided deceleration so far - but this is because of ’The Good, the Bad and the Ugly.’
KEITH GRINDLAY, Global Macro Strategist, Senior Fund Manager US AM, Head of Fixed Income & Forex Derivatives Teams, G10 & EM
Tuesday, June 26, 2018
Over the past year, US data has been skewed because of Amazon sales in 2017, East Coast storms and Tax cuts...but changes will make it clearer, and US resilience is set to be tested, even before trade tariffs.