GDP growth surprise, jobless claims and the second referendum debate
|Feb 28, 2019|
I have a number of threads to address here. The first is that we got two big pieces of economic data out of the US this morning, one backward looking and the other coincident or forward looking. And I want to break down. My overall take is that the data confirm my view that the US is decelerating, not precipitously per se, but into stall speed.