Tag: Economic Outlook

Summary China and the U.S. have been engaged in a trade war since last year. The economic conflict has dampened economic and corporate earnings growth expectations as investors and companies weigh its impact on the global economy. The U.S. and China are the world’s largest economies.  The ongoing Trade War is redrawing global supply chains, […]

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General While global output grew only slightly and input and output prices continued to rise, other factors indicated contraction. Most notably, employment contracted in May compared to a slight expansion in April. The decline in the US PMI was the biggest contributor to the drop in global PMI, as the United States accounts for 21.6% […]

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