MACRO DEVELOPMENTS U.S. Economic Resilience Amidst Mixed Signals: Q2 GDP Expansion Despite Political Turbulence Real-time estimates of 2Q GDP continued to point to a further quarter of economic expansion,despite the fact that U.S. data was typically poorer in April....

MACRO DEVELOPMENTS US: Mixed Economic Signals, GDP Growth Slows, Inflation Surges, and Fed Adopts a Hawkish ToneDespite a very strong end to 2023 (which marked seven consecutive quarters ofincrease), the US GDP expanded by 0.4% in the first quarter, which was...

Macro Developments US Recovery: Modest Improvements Amidst Economic Indicators and Political Developments After a dismal January, February saw a modest improvement in both retail sales and industrialproduction. For the first time since 2022, the ISM manufacturing...