20 days ago • Posted by Martin Boujol
The US GDP looks good - Thanks to the stimulus...
Although the US GDP growth looks similar to what we could see in the 80s, we need to have a look at the fiscal aid as a % of the GDP to see that it is much, much higher: 2-3% was the highest point reached in the 80s, and we are 10% higher today. The question remains: to what extent will this stimulus help the real economy?
Source: BCA Research, Liz Ann Sonders