According to Severino, US consumption is still strong. “The consumer in the US is incredibly strong right now, supported by the labour market,” he says in an interview with The Edge Singapore.
SINGAPORE (Oct 10): Despite the unresolved US-China trade conflict and declining global growth, Andre Severino says the US economy is still robust and will likely remain so for longer.
This is because the world’s largest economy has several drivers to keep it going, says the global head of fixed income at Nikko Asset Management.
