Pictet Wealth Management believes that there is still some “juice” left in the US’ business cycle, as reflected by current macroeconomic data. “Economic indicators suggest that the expansionary phase of this business cycle still has some fuel: initial jobless claims remain near historical lows, job openings continue to nudge up, and temporary employment remains on a strong upward trend. ”…
Pictet WM: Still some “juice” left in US business cycle
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