The week in markets - The US Economy's Tug of War

Beyond Markets - Podcast készítő Julius Baer

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In this episode of The Week in Markets, CNBC’s All America Economic Survey, the Philadelphia Fed’s Manufacturing Index, the Conference Board’s Leading Economic Index, and credit availability to small businesses all suggest an imminent recession. Yet S&P’s preliminary US Composite PMI rose from 52.3 in March to 53.5 in April, signaling an impending rise in GDP. We put the odds of a recession in the US at 50/50.This episode is presented by Mark Matthews, Head Research Asia at Julius Baer.

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