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April 24, 2019

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Market View April 2019: Strong Domestic Economic Growth

Market ViewBy Frank BeckApril 24, 2019Leave a comment

“Just released 1st quarter Gross Domestic Product was +3.2%. With almost 60% of the S&P 500 having already reported 1st quarter earnings, over 70% have beaten expectations, with the average beat at 7.5%. Our expectation: full year 2019 GDP will be close to +3%, with nominal GDP at +4.5% to +5.5%.”

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