Latest Reading of 2nd Quarter GDP Shows Stronger “Details”
The latest government estimate for 2nd quarter gross-domestic-product (GDP) growth of 2.0% came in slightly lower than July’s preliminary estimate of 2.1% (lots of 2’s). More important, details of this report show underlying economic strength that will likely bolster the outlook for third-quarter GDP growth.
Consumers Strike Again
Click below to read the latest article from SkyView Investment Advisors Chief Investment Strategist, Andrew Melnick.