Wednesday 29 March 2017

Morgan Stanley: ‘Record Gap’ Lies Between Hard And Soft U.S. Economic Data

Ed. Note: This article first appeared in Financial Times The difference between quantifiable data and reports based on sentiment has never been so wide, prompting a sharp divergence in expectations for first-quarter US economic growth, according to an analysis by Morgan Stanley. Following the election, numerous survey-based economic gauges have surged amid expectations that President

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