Your view on the US economy next year
Question
What is your outlook for the US economy over the coming year?
Short answer
Give a structured macro view. Cover growth, the labour market, inflation, the Fed's likely path and fiscal policy, using current data, and conclude with a clear base case, key risks and what it means for rates and equities. Interviewers value a committed, well-reasoned view over hedging.
Adapted from Crack, Heard on the Street, Q5.3.18, p.51; question and answer rewritten by SelfMadeQuant.com.
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