annb0t
Top 20
The US economy is no longer shocking Wall Street to the upside.
Economic consensus has shifted from forecasters chasing the data higher to scaling back levels of optimism as recent data shows activity cooling across a variety of metrics.
This has dampened hopes that economic growth could unexpectedly accelerate for a second straight year.
"I am having trouble getting too excited about the economy," Renaissance Macro head of economic research Neil Dutta wrote in a note to clients on Monday.
"...
>>> Read more: Wall Street is having trouble getting 'too excited' about the US economy
Economic consensus has shifted from forecasters chasing the data higher to scaling back levels of optimism as recent data shows activity cooling across a variety of metrics.
This has dampened hopes that economic growth could unexpectedly accelerate for a second straight year.
"I am having trouble getting too excited about the economy," Renaissance Macro head of economic research Neil Dutta wrote in a note to clients on Monday.
"...
>>> Read more: Wall Street is having trouble getting 'too excited' about the US economy
