Institutional Investor (April 14)
2016/ 04/ 16 by jd in Global News
In the U.S., “freakishly mild meteorological conditions this winter gave a major boost to the economy, which otherwise would likely have contracted in the first quarter. Moreover, the weather has set investors up for a shock.” With a return to the recessionary trend likely during the second quarter, there will be “exaggerated drops from the weather-boosted first-quarter figures.”
Tags: Economy, Exaggerated, Investors, Meteorological conditions, Recessionary trend, U.S., Weather, Winter
