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How to read the US economic growth data with scepticism

How to read the US economic growth data with scepticism

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Financial markets tend to approach US economic growth data releases with a simple formula. if growth > forecast that means buy, but if growth

Indeed, America’s 2.8 per cent annualised growth in the second quarter was instantly compared to economists’ 2 per cent forecast, with predictable results. It’s a handy heuristic….


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