Report
What to make of the US industrial sector?
Industry is generally considered leading the rest of the economy. Even though it accounts for only a small share of total output, it is highly responsive to shocks to global trade and commodity prices. This has rapid repercussions on the capital and inventory spending that drives fluctuations in the business cycle. For a long time, it has been enough to monitor industry in order to determine where the rest of the economy is heading. The recent industrial signals are poor, and the...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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