The US economy experienced a weak first quarter, but recovered in the second quarter. GDP rose at its fastest pace in two years. However, many troubling signs have not disappeared: the slowdown in credit growth, weak investment in inventories, a car industry heading for a rough patch, a further flattening of the yield curve and many other worrisome developments. With stock markets at record highs, what will happen in the last quarter of 2017?
Contents
- Economic activity
- Unemployment
- Demand for cyclical consumer goods
- Inflation
- Yield curve spread
- Liquidity gap
- Money supply
- Stock market
- Credit growth
- Delinquency rates
- TED spread
- Exchange rate
- Public deficit
- General outlook
Author
- Olav Dirkmaat
Olav Dirkmaat is professor in economics at the Business School of Universidad Francisco Marroquín. Before, he was VP at Nxchange and precious metals analyst at GoldRepublic. He is also a PhD candidate in Economics at the Rey Juan Carlos University in Madrid. He has a master in Austrian Economics from the same university, as well as a master in Marketing from the VU University in Amsterdam. He is also the translator of Human Action of Ludwig von Mises into Dutch. He has a lifelong passion for investing, currently manages funds for relatives, looking for investment opportunities in markets that are extremely over- or undervalued.