Giordano Lombardo
John Carey
Joe Kringdon
Ken Taubes
Marco Pirondini
Mike Temple
Paresh Upadhyaya
Sam WardwellAs earnings data from companies comes trickling in, it all but confirms a slowdown in the second quarter.
The U.S. economy is moving slowly at a 2.5% growth rate, but doing better than other economies around the developed world. The U.S. has been able to produce this growth in a period when the fiscal stimulus is diminishing and we’ve seen a steep increase in taxes in the first part of 2013. The real positive news, as far as the U.S. economy is concerned, is that the real estate market continues to improve. (more…)
Filed under: Equity Market Insights, Europe, Macroeconomics, Marco Pirondini | Tagged: Central Banks, corporate earnings, European markets, S&P 500, Slow growth, US GDP | Leave a Comment »
