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Wealth Beat News > Banks > This Is Why You Shouldn’t Get Too Excited By That Second Quarter GDP Number
Banks

This Is Why You Shouldn’t Get Too Excited By That Second Quarter GDP Number

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Last updated: 2023/07/28 at 10:35 AM
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That the economy grew at a slightly faster pace than expected in the second quarter doesn’t justify celebrating with an extra round of summer margaritas. This episode of What’s Ahead explains why.

With its lack of understanding of inflation, the Federal Reserve remains a serious obstacle to growth.

The Biden Administration and the far leftists that now dominate regulatory agencies remain maniacally committed to turning the U.S. into a European-style socialistic economy, in which innovation and growth are almost non-existent. And our economy still faces serious headwinds, such as rising consumer indebtedness.

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News July 28, 2023 July 28, 2023
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