The economy grew 2.1% in the second quarter, the Bureau of Economic Analysis reports. Although that marks a hefty slowdown from Q1’s 3.1% increase, the Q2 advance is a bit stronger than expected.
If you keep banging your head against the wall, presumably a lesson or two will creep into your cracked skull. But if those lessons are related to investing, the crowd suffers from a recurring and long-running bout of attention deficit disorder.
Slower US growth expected in today’s Q2 GDP report: Reuters
ECB signals plans for more stimulus to combat weakening economy: WSJ
Record temps in Europe as heatwave bakes the Continent: CBS
Automakers reject Trump admin and strike emissions deal with Calif: NY Times
US durable goods orders rebounded in June after two monthly declines: WSJ
Trade deficit for US narrowed in June: MW
Jobless claims in US fell to 3-month low last week, signaling healthy labor mkt: MW