les indicateurs US sont contrastés avec une nuance plutôt positive, ils sont peu meilleurs que prévus.Une hausse des taux en septembre n’est plus exclue si le Brexit ne pose pas plus de problèmes à l’économie américaine.

les services sont décevants.

La reprise depuis la crise est faible, médiocre, mais plus longue qu’à l’accoutumée.

La qualité du crédit se détériore, c’est un point noir.

 

The US services PMI from Markit was disappointing – here is a summary.

Source: @MarkitEconomics

5. The Conference Board US consumer confidence index was virtually unchanged from the prior month, with no visible impact from Brexit.

6. US consumer labor market sentiment improved in July. A rate hike could come as early as September if the Fed sees Brexit having only a limited impact on the US economy.

Source:  ‏@jbjakobsen

7. The Philly Fed non-manufacturing survey shows a pickup in new orders while hiring moderates.

8. The Richmond Fed manufacturing report also shows a pickup in new orders and much tighter inventories.

Source: ‏Richmond Fed

9. Broadly, while this US recovery is extremely slow, it has also been a relatively long one. As a result, the current GDP trajectory is now ahead of the 2001 recovery, which by this time was already in contraction mode.