Episode Details
Back to EpisodesUBS On-Air: Paul Donovan Daily Audio 'The politics of debt'
Published 4 months, 3 weeks ago
Description
The US provides another official estimate of second-quarter GDP. These numbers will be revised further in the future. Policy expectations distorted demand patterns for domestic consumers, but the relative strength of the middle-income US household balance sheet late last year provides a foundation for some consumer spending. Weekly continuing claims for unemployment insurance are a modest market focus.