Development has been lead by client spending, says Brian Rose, senior U.S. economist at UBS World Wealth Administration.
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There lying with all bankrupts lay offs. The goverment is pumping billion in stock market
Microsoft just laid off 1900 in their Activision / Blizzard division.
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Lolol Tiffany and the over indebted and over bidding clowns still praying the US cuts first to justify a cut in Canada. Itw not happening, keep crying!
No surprise… Meanwhile in canada it's looking pretty grim. May cuts? Stop dreaming.
GDP comes in higher than expected: Rate cuts!
GDP comes in lower than expected: Rate cuts!
It's almost as if these people have already made up their minds and needs these cuts by any means necessary
Whole generations of people have never seen any real inflation…including most current portfolio managers. They don't realize how difficult it is to put the inflation genie back in her bottle once she's out.
Increases in military spending increases the GDP. What a joke. Good news, give me a break!
this guy talks like a computer
What is with the constant push to cut rates especially given how growth is still happening the way it is? We are still at historically low rates. Enough of the free money! Drop rates and you'll just see inflation skyrocket again and housing prices further drive forward for no freaking reason other than massive investor buying which is not representative of the general public needing homes to live in.
Haha. The divergence mean more rate increases.
Real GDP growth is adjusted for inflation. Inflation in the past year is like 25%. So before adjusting for inflation, US GDP grew by a whopping amount of 28%! Whose wage/salary increased by 28%? I am sure CEOs and the politicians they feed to may have such a increases, while the middle class is struggling. Both parties failed the American people in the past decades!
Real GDP growth is adjusted for inflation. Inflation in the past year is like 25%. So before adjusting for inflation, US GDP grew by a whopping amount of 28%! Whose wages/salaries increased by 28% in the past year? I am sure CEOs and the politicians they feed to may have such big increases, while the middle class is struggling. Both parties failed the American people in the past decades!
US GDP are strongly link to It Dollar hegemony, its feeble, if dollar hegemony collapses, even -50% decreas on GDP is not even surprise.