We are pleased to share our latest U.S. Economic Dashboard. Our dashboard is updated quarterly and offers a high-level perspective of where we currently stand in the economic cycle based on the status of twelve economic sub-cycles. Based on our dashboard, the U.S. economy is currently in the Growth Peaking phase. Real GDP fell in Q1, led by net exports, but private domestic demand strengthened, with consumer spending, capex, and residential investment rising. The labor market continued to tighten, putting upward pressure on compensation growth. Inflation soared on higher energy and other commodity prices, due to the Russia/Ukraine war. | |
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Our team closely monitors developments in the economy and capital markets and will keep you apprised of important developments that may impact your investment portfolio. Should you wish to discuss the commentaries in more detail, please contact us. Sincerely, |
