Report
US: in the midst of a statistical fog
Another week of the government shutdown. Only a small part of the government is affected so the economic impact should be low in the short term. But its cost will grow as time passes, and probably in a non-linear manner. The estimate is complicated by the fact that many macroeconomic statistics are no longer being released. In a nutshell, the US economy is in a fog and almost all of the instruments for steering it are out of order. The White House’s chief economist estimates that...
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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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