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Global Perspectives on the US Construction Boom
Following a thematic, bottom-up, valuation-sensitive investment process can lead to a differentiated, global view of local market trends with unexpected outcomes.
Benefiting from over $1.2 trillion in government-backed stimulus and a post-COVID economic recovery, many investors may not be aware of the substantial surge in US construction spending, particularly in manufacturing.
French Snap Elections
Following the strong performance of far-right National Rally (RN) in the European Parliament elections earlier this month, President Macron and his centrist Renaissance party raised the stakes in French politics by calling for snap elections of the lower house of the French parliament on June 30, with runoffs on July 7.
Growth Team Weekly Investment Insights
1. Unchanged Inflation
The latest consumer price index (CPI) data released for May indicated prices were unchanged versus April!
Growth Team Weekly Investment Insights
1) Conflicting Labor Market Results
Last week, we received two labor market data points that were largely contradictory.
Coalitions, Compromises, Continuity, Chaos
Elections offer citizens the opportunity to turn the tides by prompting political, economic and social reforms. In the past week, the global stage witnessed the unfolding of three distinct electoral contests across various regions, each yielding results that may redefine the trajectories of the respective countries.
Growth Team Weekly Investment Insights
1) Data Shows US Economy Avoids Inflationary Overheating, Fed Likely to Breathe Easier
As we bid farewell to May, the key reaction was a collective exhale of relief