Halbert Wealth Management
Between the Lines Has Closed
Your Financial Life - by Halbert Wealth Management
ProFutures - Gary D. Halbert, President
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The US economy as measured by Gross Domestic Product had a decent first half of the year, with GDP increasing at an annual rate of 2.4% in the 1Q and 2.0% in the 2Q. Yet according to the latest estimate from the Atlanta Fed, the economy has soared higher so far in the 3Q.
The Atlanta Fed’s latest GDPNow indicator is showing the economy has soared at a whopping annual rate of 5.8% so far in the 3Q. Frankly, that is hard to believe and it is far above most forecasters’ current estimates for GDP growth in the 3Q.
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Halbert Wealth Management
Between the Lines Has Closed
Your Financial Life - by Halbert Wealth Management
ProFutures - Gary D. Halbert, President