The U.S. Department of Commerce reported this morning that GDP rose at an annual rate of 2.4 percent, slightly lower than the original estimate of 2.5 percent. Inflation was tame at 1.1 percent. According to the report: The increase in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures (PCE), private […]
Tag Archives: GDP
Diversify, Diversify, Diversify
It is without doubt that the U.S. stock market has been one of the greatest wealth generators over the past fifty-three years, but it has been a rocky ride for some. Market movements, whether up or down, never occur in a straight line, and, as can be seen in the above graphic, the S&P 500 […]
