Tuesday 17 March 2015

US economy worries mount as manufacturing output falls for third month running

US economic data continue to deteriorate, casting doubts on when the Federal Reserve will hike interest rates. The slowdown goes some way to vindicate the bond market’s view that interest rates will rise slower than the Fed has been signalling, but raises questions about whether equity investors have fully priced in a slowing of the US economy.

No comments:

Post a Comment