The global economy is performing much as expected. However, a Relative Performance Index of 1 masks a significant divergence between the major regions which, in the main, has left financial markets more cautious about the […]
Global data near forecasts at minus 7 on the RPI; Switzerland, Japan lag
Global economic data on net are coming in within consensus forecasts and near the breakeven zero-line for the Relative Performance Index (RPI), at minus 7 overall and minus 8 when excluding prices (RPI-P) to indicate […]
Outlook for consumer spending in the first quarter 2024
January’s data on retail and food services spending proved disappointing, much of it due to a decline in unit motor vehicle sales and a dip in prices for gasoline. However, the softness was broad-based and […]
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