The nation's moderate-paced expansion remains on track, although weak global growth has triggered a dichotomy among U.S. industries, with those driven by domestic demand outperforming those more dependent on international sales. Overall, job gains have tightened the labor market to the threshold of wage pressure, nudging the Federal Reserve toward a long-anticipated increase in the fed funds rate.
The analysis above is not intended as a trade recommendation. The analysis and forecasts are based on available public data and on the best judgment of PRX, but cannot be guaranteed to conform to future reality.
