Report
US economy, near its potential
In Q1, growth in real GDP growth delivered a positive surprise but this was due to inventories and exports (+1.5 points). Both these categories might have the opposite effect in Q2. This is not the main point. On the downside, we have seen little investment from companies as an understandable, but worrying, reaction to greater uncertainty regarding trade. On the upside, consumer spending bounced back strongly, a once again understandable reaction to the strength of the labour mar...
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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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