Part 10/14:
The US economy grew at a sluggish 1.6% in Q1, primarily driven by government expenditure—an unsustainable and artificial boost—while inflation remains high at 3.4%. The outlook for the job market is bleak, with increasing numbers of people seeking employment amidst a backdrop of AI-driven workplace reductions and gig economy dependence.
The Fed and International Strategies: Outlook and Expectations
Market expectations are currently leaning toward no rate hike during the upcoming Federal Reserve meeting, with a 98% chance that rates will stay static. Such a hold could buoy markets temporarily, fueling a rally—if the central bank signals a pause rather than hike.