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DB: US GDP Could Grow At 4-5 Percent In 2017

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Rupert Hargreaves
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US GDP - a massive year ahead? Deutsche Bank thinks so

2017 promises to mark a key transition of the US recovery to the "other side" of the cycle as unemployment continues to fall and economic growth picks up – that’s Deutsche Bank’s asset allocation research team’s out of consensus view for the US economy.

DB: US GDP could be headed way up

Deutsche’s asset allocation research team, which is headed by chief strategist Binky Chadha, believes that a V-shaped rebound in earnings and GDP growth has been unfolding in the US since the first quarter of 2016 as the dollar shock fades. These trends point to 4% to 5% GDP growth and 8% to 10% earnings growth unfolding in late 2017....

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha