02 Jul Fixed Income Perspectives – ‘Summertime Blues’
Posted at 16:36h
in perspectives
Voya Investment Management – Fixed Income Perspectives – end June 2016
Who would argue the U.S. economy will escape the growth downturn this year? It’s Hard to believe by the Numbers. Manufacturing, capex, retail sales, payrolls, exports and imports have all weakened. Payroll growth has now fallen to a 27-month low. This begs the question: is the Federal Reserve (Fed) hiding behind an Eminence Front or have its actions just been poorly conceived?