us economy

US property prices

Is The US Economy Really “Booming”?

Justin Irving | The word “boom” evokes some temporary period of above-average economic growth. The Roaring 20s, the plentiful 50s and 60s and the Dot Com era. Because booms are characterized by unexpected levels of economic growth, asset prices, which had not priced in the growth, rise sharply. Is this what is going on US economy today? Not quite.



US economy to outperform Eurozone

The US Economy To Outperform The Eurozone In 2018 With 2.5% GDP Growth, After Being On Par This Year

While the EU statistics office Eurostat said on Tuesday GDP in the eurozone rose 0.6% quarter-on-quarter in the three months to September and 2.5% year-on-year, the EC revised yesterday its growth forecast for the region to 2.2%, markedly higher for this and next year. Therefore, this Commission’s expectation in 2017 is well justified, based on published data from Eurostat.







Janet Yellen does not cave in to market pressure

Janet Yellen intends to hold firm against market pressure as her press conference showed yesterday. The 0.25% rise in federal funds was downgraded to a modest move, wholly anticipated by investors, while hinting at a moderate path in rate hikes over the next couple of years.