A set of divergences in the global economy raise tail risks to the expansion. While we see numerous reasons for a soft-landing, next week’s PMIs and US labor market news are likely to exacerbate the tensions. Despite this, US growth is robust while Europe is held back by a weak Germany. China’s policy shift this week is encouraging only if a signal of more to come. Joe shares pics from his trip to the North Branch Outing Club in Northern Michigan.

Speakers:

Bruce Kasman

Joseph Lupton

This podcast was recorded on 27 September 2024.

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