Global Markets Weekly Wrap KW 3 : Global Markets React to Strong US Growth and Rising Policy Uncertainty  Economic momentum in the United States during the late summer period appeared stronger than previously thought as revised figures revealed a more resilient expansion while financial markets struggled to find stable footing during a sh...

US Economy : Strong Growth, Resilient Labor, But Manufacturing Weakens  The final third-quarter GDP reading revealed a more robust US economic performance than initially anticipated. Economic growth was revised upward to 3.1% on a quarter-over-quarter annualized basis, surpassing the earlier estimate of 2.8%. Personal consumption also saw an u...

Q3 GDP Holds Steady at 2.8% Amid Mixed Consumer and Price Trends  Few anticipated the second estimate of third-quarter GDP to deliver anything particularly surprising, and indeed, expectations held firm when the data proved uneventful. Initially reported at an annualized growth rate of 2.8% in the preliminary estimate released last month, the ...

Goldman Sachs' Tony Pasquariello Discusses Market Challenges and Outlook  Goldman Sachs' head of hedge fund coverage, Tony Pasquariello, has been actively engaged with key market participants during a challenging period, as the S&P experienced its worst short-cycle performance since April. Pasquariello observed that price movements in curr...

Biden Administration Reports Strong Q4 GDP Growth of 3.4%  It's old news now, but just a while back, the Biden administration's Bureau of Economic Analysis released its third estimate of the US's economic growth in the fourth quarter (Q4), stating that it stood at 3.4% (precisely 3.440%). This figure surpassed both the 3.2% reported last month...