Q&A time

  • Job gains have remained very sturdy

  • If we're downshifting in jobs it's tiny

  • Wage gains are gradually starting to pick up

  • There's probably still a little slack in the labour market

  • Q3 GDP will be quite stronger that H1

  • H2 should be 2% or more

  • Q2 GDP was misleading due to a drag from inventories

So we'll all wait for the inventory catchup then. I won't be holding my breath ;-)