Warning! US slow down ahead
Saxo Bank’s Chief Economist Steen Jakobsen is warning of a sharp GDP slowdown with quarter on quarter growth to hit zero by Q3 or Q4 in 2015. Despite stock market peaks and optimistic sentiment, Steen sees worsening US data as the warm up act for a new stage in the economy.
Steen explains how and why he’s come to his conclusions and what investment strategies he’s sticking with.
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