US real GDP continues to show no signs of an economic slowdown. The latest estimate from the Atlanta Fed has US real GDP growing 3.2% annualized.
Absolute Strategy Research’s recent quarterly survey reveals that most global money managers anticipate a rise in US inflation over the next 12 months rather than a decline.
Source: ASR Ltd. / LSEG Datastream
Allocators, like strategists, expect equities to outperform bonds in the coming 12 months, though they were wrong about the equity market last year. Markets tend to fade the consensus view.
Source: ASR Ltd. / LSEG Datastream
Article in full: Off The Charts | Andrew Sarna | Substack
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