Report
Patrick Artus

What are the weaknesses of the United States?

The US economy seems to be in great shape: growth remains strong, the unemployment rate is very low. But we can identify a number of weaknesses in the United States: Obviously, the social model where growth benefits only a minority is not sustainable; The chronic shortfall of savings leads to continuous accumulation of external debt, which may pose a financing problem even with the dollar’s reserve currency role; The model with intense growth in fossil energies cannot be maintained in the long term; The very expansionary monetary policy is starting to give rise to financial imbalances: excessive rise in real estate prices, excessive valuation of new-technology companies’ shares.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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