Tag Archives for " debt fuelled recovery "

Trump and hot air lift February US jobs data – but will this be enough to justify a rate rise?

Does anyone not expect a March rate increase? After raising its Q1 GDP estimate from +3.09% to +3.19%, the +227k net private sector job adds reported in yesterday’s non-farm payroll data for February (after the +298k already reported mid-week by ADP), coming after similarly buoyant data released for January, the Fed seems to be setting […]

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US reported Federal deficit of -$587bn dwarfed by cash deficit of over -$1.4tn

If you haven’t noticed, there is an entire industry of well funded professional spin doctors out there whose business is to present their clients performance in the very best possible light. Whether those clients are corporates trying to game an advantageous cost of capital or a Government claiming to be able to walk on economic […]

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