Wednesday, 4 October 2017
By Boyd Nash-Stacey
Regional economic conditions remain upbeat, as over 95 percent of the U.S. continues to show signs of moderate to high growth in the second half of 2017. Household balance sheets have strengthened, credit conditions remain favorable and growth abroad continues to improve over the previous year.
As the gross debt-to-GDP ratio steadily rises, should the U.S. worry about its ability to repay debt, cut spending, and raise interest rates?
As the U.S. energy mix is shifting away from coal, there is wide consensus that natural gas is a bridge fuel towards renewables, given its ability to meet climate objectives and energy needs.