Weekly Market Wrap: Slowing Growth & Earnings in the US?
US nominal growth is experiencing a significant deceleration, as evidenced by declining services PMI and lower momentum of Non-Farm Payrolls, with a negative rate of change for real growth and moderating wage growth indicating negative inflationary pressures. Inflation in the US is currently affecting services the most, which is where nearly two-thirds of consumer spending […]
Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.