The New York Stock Exchange. Investors’ mounting concerns about America’s economy stem more from confusion than anything else. For every major piece of negative data, there is at least one other indicator suggesting growth is holding up. Photo: AFP
Opinion
Opinion
Macroscope
Economies in China and Europe are faltering. But where is the US economy heading?
- While growth in China and the euro zone is clearly slowing, worrying investors, the markets are much less certain about the state of the US economy. Indicators point in different directions, and even the Fed appears unsure
The New York Stock Exchange. Investors’ mounting concerns about America’s economy stem more from confusion than anything else. For every major piece of negative data, there is at least one other indicator suggesting growth is holding up. Photo: AFP