The government’s first stab at first quarter GDP growth was released today and it came in at a dismal 0.54%. That makes four first quarter GDP estimates during this expansion that have been less than 1% (two were negative). Are we looking at a bad economy or bad data?
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Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. CNBC has ranked Richard C. Young & Co., Ltd. as one of the Top 100 Financial Advisors in the nation (2019-2022) Disclosure. Jeremy is also a contributing editor of youngresearch.com.
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