Sentences with phrase «recent weak economic data»

Recent weak economic data have confirmed everyone's worst fears: The global economy is indeed decelerating.

Not exact matches

To be sure, the most recent economic data argue for a stronger currency, not a weaker one.

Bill Hester notes that going back as far as Depression era data, that same behavior coupled with a rich Shiller P / E (anything above the mid-teens) and a preponderance of daily declines in recent data (say down 11 days out of 14) has preceded even worse outcomes - particularly in the context of a weak economic backdrop.

As for U.S. data, the broad aggregate continues to come in weaker than expected, with a recent downturn in a broad basket of national and regional economic surveys, and of course, a disappointing April unemployment report (avoiding a negative print, however, which I suspect will come in the May report).

Global economic conditions have improved over recent months, with stronger economic data emerging in the US, Japan and most other countries in east Asia, though the euro area remains weak.

As my colleague Russ Koesterich points out in a recent post, economic data was mixed over the first quarter, with sluggish economic growth, a soft jobs report and weak manufacturing reports leading to diminishing consensus around company earnings.

The problems are compounded by recent economic data that has suggested the first quarter will end on a weak note.