Aug
27
High Expectations Skew Global Investors’ View of U.S. Growth
ByBy some measures, U.S. falls short of high bar while other regions beat easier targets
The U.S. continues to grow at its quickest pace in years. Perversely, its very strength keeps raising the bar for investors flocking to the U.S.
By some measures, the U.S. is starting to fall short of heightened expectations, while other regions, with much lower and manageable targets, are beating theirs. The Citigroup Economic Surprise Index, a measure of whether economic reports are meeting projections, has fallen to its lowest level in nearly a year in the U.S. The gauge has dropped into negative territory, indicating economic…
High Expectations Skew Global Investors’ View of U.S. Growth