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Investors bank on US GDP growth above 2% but 'raging optimism' might make it less likely
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According to BCA Research, investors have largely abandoned the idea of a recession, with GDP growth expectations now the highest since 2022. Recent economic data has been encouraging in this sense, with data from the US Bureau of Economic Analysis showing that US GDP grew by 2.8% on a year-by-year basis in the third quarter of 2024. However, the BCA flagged «animal spirits» as a potential source of impact on growth. Trump inflationary risks force economists to temper Fed rate cut expectations — reports «Financial markets ultimately move depending on how reality compares t...
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Read more on investmentweek.co.ukAbout this in other media
Year 2024 was the world’s warmest but 2025 could be a year of climate optimism livemint.com /1 day ago
RBC chief economist Frances Donald says slower growth the 'new normal' over next few years financialpost.com /2 days ago
China services activity hits 7-month high but US trade fears dent optimism, Caixin PMI shows economictimes.indiatimes.com /2 days ago
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