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Stephen is a market forecaster frequently sought after by prominent TV, radio, and print publications to share his insights on the financial markets. With over three decades of experience, Stephen has a rich background, having previously worked on FICC trading desks for international banks in ...more

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Friday's Asia Open: Earnings Season Flop
6 months ago

Correction on the Asia open, which has been updated

Today's growth data reflects how strong economic growth momentum has been throughout 3Q, underpinned by strength in the US consumer. Remarkably, the ~5% GDP growth pace has contradicted market expectations when, until a few months ago, many had expected the US economy would enter a recession and force the Fed to cut rates.

It seems like my new spelling editor likes to rewrite the narrative.

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