
Global Data Pod
Global Data Pod Weekender: Ease on (further) down the road
Apr 5, 2024
Chief Economist and Global Economist from JPMorgan discuss strong economic growth, labor markets, and potential easing cycles. They analyze US PMIs, payroll reports, and the impact on financial conditions.
21:54
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Quick takeaways
- Strong income generation supports resilient growth globally, indicating a prolonged economic expansion.
- PMI data reveals sector strength, hinting at possible GDP growth surpassing forecasts in the near future.
Deep dives
Strong Income Generation and Growth Resilience
The data discussed in the podcast episode highlights strong income generation supporting resilient growth. This includes robust labor markets, strong wage growth, decreasing headline inflation rates, and solid purchasing power. Both household sectors and businesses globally are experiencing broad-based income generation, setting a positive stage for extending the economic expansion.
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