Investment Insights Podcast: The US economy accelerates in Q2. Will the momentum continue?

Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded July 30, 2018),
Tim discusses why the underlying components of the GDP growth report were most encouraging and speaks to why the US economy should continue to perform well into 2019.

Quick hits:

  • During Q2 the US savings rate was a very healthy 6.8%, this should keep the US consumer on firm financial footing, a key development when one considers the US economy is 70% consumer driven.
  • Both housing and inventories detracted from economic growth during Q2.
  • Nonresidential fixed investment – which is another way of saying spending by corporate America – increased a very healthy 7.3% during Q2, after rising an even stronger 11.5% in Q1.

For Tim’s full insights, click here to listen to the audio recording.

investment podcast (31)The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a registered investment advisor.

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