“So, our own estimate is 6.8% for GDP growth and we have seen in the last two-three quarters a big variance actually between GDP growth and GVA growth. One is sort of from the demand side, the other is from the supply side. And we do think the GVA growth is going to continue to … Read more
Fiscal conservatism has more or less vanished from America’s political landscape. Government borrowing, despite the strong economy, continues to push public debt to record levels – and the presidential contenders and their parties say scarcely a word about it. To the extent they discuss economic policy at all, their intentions on taxes and public spending … Read more
“I think the situation overall should settle down and we do not think that this will unfold into any sort of crisis. What it can mean though can happen is that the US growth might moderate going into the second half of this year,” says Rana B Gupta, Managing Director, Manulife Investment.How is it that … Read more