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1.Market Observations, 8.Was Sticky

10 Sept 2016 (AFR) – Why the US economy is ‘stuck in third gear’

(10 September 2016, AFR, p15, by John Kehoe)

‘As Australians noted a remarkably speedy 3.3 per cent annual economic growth this week, Americans were yet again confronting a pedestrian-paced economic recovery. The lethargic US economy has triggered rising bets that a much-hyped potential interest rate hike this month will again be postponed.’

Read more (and see relevant graphs) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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