US Economic Update, January 2019

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Market turbulence to weigh on growth in 2019   ·        The significant tightening in US financial conditions since October is expected to weigh on US growth over 2019.   ·        A partial US government shutdown and slowing global growth add to the headwinds.   ·        While growth may move modestly…

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Economic Outlook

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Australia: The Australian economy appears to have stumbled into Q4. Growth outlook is unchanged; GDP forecasts 2.3% in 2012-13 (below Commonwealth Treasury and RBA’s 3%) and 3.0% in 2013-14 (in line with Treasury’s 3% and RBA’s 2¼-3¼%). Weighing on near-term activity will be slowing mining investment, a still high AUD,…

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