海外研报

Employment Report Preview: Slower job growth

June payrolls slow to 210k because of softening demand for and supply of labor. We forecast no change in the unemployment rate at 4.0%; if weaker demand dominates, unemployment

2024 Mid-year outlook

We expect Treasury yields to remain rangebound through the summer, with a declinefrom current levels expected later this year only once the Fed begins easingYields tend to

Consumption Tax Not The Needof the Hour, Stimulus ls.

Recent government statements do not suggest any sense of urgency: Theconsumption tax was not mentioned in the annual fiscal auditing reportreleased on june 25, which discussed