ACE Thurs 13 Aug 26 AMRQ ANTO COST ENT RNK STB SVS
GDP: No Alarms and No Surprises Any fans of Radiohead will spot my borrowing from that extraordinary tune but such is the response today to the beat in GDP expectations. As I wrote the other day, macroeconomic indicators like these are lagging while equity markets are forward discounting. So typically unless there’s a big clash between a lagging macroeconomic indicator … Read More