Telah Terbit: Aug 2, 2023 15:35
CITIC Securities' report pointed out that, for the resilience of the US economy, it is expected that the short-term labor market growth will remain resilient, but the medium and long-term market trend is highly determinate. In the short term, the excess savings of middle and high-income groups combined with the rebound of actual wage growth are expected to maintain the resilience of US consumption. In terms of corporate investment, although the Biden administration's multiple bills have a significant impact on corporate investment, it is expected that the decline in profits and the expiration of loans will intensify the pressure on corporate operations in the fourth quarter of this year or next year. The recovery of the US real estate market will continue in the short term, and the deterioration of the labor market in the future may push the real estate market to turn cold. The US economy as a whole may face a strong headwind in the fourth quarter of this year and beyond.

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