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Real Income Lagging Financial Markets

Tim Mulholland

27-Sep-13 10:13

Real Income Lagging Financial Markets

On International Market Watch today Tim Mulholland, Managing Partner of China-America Capital Company in Chicago, discusses:

- debt ceiling in focus

- not expecting a repeat of anything like 2011 negotiations

- US consumer recovery

- real income back to 1989 levels

- US property prices

- China PMI improvement

- private sector economy doing just as well as state-owned companies

- policies re: rebalancing ok, not out of woods but no collapse on the horizon either

- demand will come from consumer and infrastructure projects (especially rail)

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Tags:  usdebt ceilingconsumer recoveryreal incomechina pmiEconomy, Markets

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