U.S. economic growth rebounded strongly in the second quarter, growing at a 3.0% annual rate, but this improvement hides some weaknesses.
The main boost came from a sharp drop in imports, which reduced the trade deficit, while domestic demand grew at its slowest pace in over two years.
Consumer spending rose moderately, but business investment slowed, and homebuilding declined for a second straight quarter. Trade uncertainties and tariffs continue to weigh on the economy.
Original Source: Yahoo Finance
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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Silver to $39.50: Up 9.4% Past 30 Days
