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今年以来,美国股市屡创新高,投资者看好美国经济弹性,认为关税驱动的通胀影响有限。然而上周发布的数据,让这两种假设面临压力。

上周多项数据使人们对美国经济状况有了更清晰认知。就业市场初现紧张,招聘率降至七个月低点,劳动者信心关键指标辞职率降至2%。

周三公布的GDP数据显示,虽第二季度增长强于预期,但剔除 外贸影响后,国内需求指标表明经济在放缓。面向国内私人买家的销售仅增长1.2%,为2022年以来最低增速,总体增长掩盖潜在疲软。

管理咨询公司帕特侬 – 安永首席经济学家Gregory Daco称这种增长是“经济海市蜃楼”,指出政策不确定性、关税通胀压力及移民限制正拖累经济活动。

美联储按兵不动并淡化9月降息预期后,周四数据显示6月价格上涨超预期。6月整体PCE物..

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