This Week's State Of The Economy - What Is Ahead? - 28 February 2020

Date: 29 February, 2020 | By : 

U.S - A Tough Week

  • The COVID-19 coronavirus hammered financial markets this week and rapidly raised the perceived likelihood and magnitude of additional Fed accommodation.
  • The bond market now expects almost four Fed rate cuts by the end of the year, but one might rightly wonder how lower short-term rates would alleviate supply chain disruptions.
  • We believe the Fed will try to remain patient, and look for a “material” change in the outlook, but if and when the committee decides it needs to ease again, it most likely won’t be just once.


Global - Virus Spreads to Broader Global Economy

  • A surge in new cases of coronavirus in Italy and Korea led to further concerns over the impact of the outbreak on global growth, while seemingly ongoing disruptions to Chinese economic activity suggest even further downside to our current forecast for Q1 Chinese GDP growth of 5.1% year-over-year.
  • Elsewhere, Canada’s Q4 growth figures were soft as GDP barely grew during the quarter, although the details were more mixed. Perhaps the most important global economic data point of the week is still to come, with China’s official PMIs for February due later today, the first significant release from China that should capture the virus’ economic impact.


Download The Detail Report To Read More


Subscribe To Our Newsletter

85 AC Lot Off SH-288 At FM 1462 | 1.5 Acres on 14329 Main St (ALT 90), Houston, TX 77035  | 6 Acres land at 1539 Lawson Rd, Rosharon, TX 77583 |   Meadow Park Tower For Sale in Dallas | Wholesale Price Cleaners For Sale in Houston

12910-12918 Malcomson For Sale in Cypress | 12910-12918 Malcomson For Lease in Cypress

Retail Center For Sale - Texas | Multifamily Land Properties For Sale - Texas | Commercial Land Properties For Sale - Texas | Office Building For Sale - Texas | Retail Center Space For Lease - Texas| Property For Sale | Property For Lease | Hire Us For Commercial Real Estate Service

Commercial Property Dallas | TC Global Commercial Real Estate  

Blog Search

Signup! It's free

* indicates required

Blog Categories