Shepherdson: U.S. Returns to 3% Growth in Second Half

The video discusses the global and US economic outlook post-Brexit, highlighting the quick market recovery and the strengthening dollar. It analyzes US GDP growth prospects, noting potential improvements due to reduced CapEx drag and stronger consumer and export orders. The UK inflation scenario is examined, with a focus on core services and the Bank of England's limited maneuverability post-Brexit. Finally, the video explores the UK investment climate, emphasizing the risks and opportunities for foreign investors in a post-Brexit environment.

What was the impact of Brexit on the US economy according to the speaker?

• It led to a significant drop in manufacturing.

• It caused a major disruption.

• The dollar weakened significantly.

• The market recovered quickly with minimal impact.

What is the speaker's outlook for US GDP growth in the third and fourth quarters?

• Potential growth reaching around 3%.

• A sharp decline due to export issues.

• Stagnation with no significant growth.

• A decline due to falling consumer spending.

What factor is contributing to the positive outlook for US exports?

• Strengthening of the dollar.

• Weakening of the dollar since January.

• Increased domestic demand.

• Rising oil prices.

What is the expected trend for UK inflation by the end of next year?

• It will stabilize at 1%.

• It will remain at 0.5%.

• It will decrease to deflation levels.

• It will rise to around 3%.

What is the main concern for foreign investors in the UK post-Brexit?

• The stability of the UK currency.

• The high cost of UK assets.

• Uncertainty about the UK's trading arrangements with Europe.

• The strength of the UK labor market.