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Weekly Economic Perspectives: Unprecedented Lead Times In US Manufacturing

Chief Economist

  • The Economy
    Worsening supply chain constraints in US manufacturing. Inflation jumps in Canada. Economic activity surges in the UK. Service activity rebounds in the eurozone. GDP contracts in Japan. Retail sales rise in Australia.
  • The Market
    Volatile trading week leaves equities little changed. Bond yields narrow incrementally. The pound makes further gains on strong UK data. Oil retreats and gold moves higher.