Pictet WM revises US 2018 growth forecast lower

15 September 2017 | 2 minutes read

Pictet Wealth Management has revised its US growth forecast for 2018 to 1.7%, from 2.3%, as the bank does not expect growth-promoting fiscal reforms to materialise in the near future. “This under-delivery [of reforms] could come at a time of a possible mild cyclical slowdown, led by the automobile market and apartment-building construction,” the bank said in its latest investment…

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