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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Guessing games'

25 Apr 2024

Description

The US releases its first guess at first quarter GDP (a generally accurate number should be available sometime around 2029 or 2030). The rapid pace of structural change means that increasing amounts of economic activity are likely being missed in this sort of data. Overall, there should be some signs of a slowdown, but middle-income consumers will still provide resilience.

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