As US GDP growth rises at 3% or more for the second quarter in a row, French investment bank Natixis urges investors to
Patrick Artus, chief economist at Natixis, warned that the current level of corporate investment is “abnormally high” and suggested a downward correction.
“The US economy will in all likelihood slow down substantially: there is a limit to the rise in the participation rate and the employment rate; real wages are slowing down,“ prepare for the U. S. economy to “slow down substantially” as early as 2018.
This post was published at Zero Hedge on Oct 28, 2017.
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