Unfolding the growth outlooks of better vs. worse from last January of the US:
Covid concerns rising of the US growth worse narrative
Green vs red waves coinciding with reopening vs lockdowns and good vs bad vaccine news
US fiscal stimulus and vaccinations progress boost growth outlook
Delta variant fears emerge” under the most recent red increases
However, the underlying pace of growth expected for this and next years remains solid and several Fed officials (e.g. Rosenberg, Bullard) have expressed their confidence in the US economic recovery and the need for tapering.
Use RavenPack to systematically track the battle between the growth better vs growth worse narratives and understand how markets are pricing them.
RavenPack is the leading provider of insights and technology for data-driven companies, including the most successful hedge funds, banks, and asset managers in the world.Request A Trial