FX Empire: What October Market Volatility Taught Us -- Part 2
The most recent GDP numbers indicate that the US economy grew by 3.5% in the 3rd Quarter of this year slowing from the 4.6% that was logged last quarter. Much like stocks, US economic growth has advanced and retreated in a somewhat unpredictable manner since the onset of the recession and the start of the recovery. While the economy has improved in certain sectors, underlying weaknesses can be found in a deeper dive of market indicators.
What statistical markers are operating in the backdrop of new, fiscal uncertainty?