GTC EB Trendline – August 2018
Global: The US market continues to forge ahead.
In spite of global geopolitical uncertainties, the US market continued to forge ahead. Economic data remained robust with Q2 GDP advancing to 4.2% on an annualised quarterly basis, which was at the fastest rate in four years.Consumer spending continued apace and this, coupled with lowered taxes and government spending, were the main catalysts for the renewed growth.
