Industrial activity has stalled, and the Fed appears ready to cut rates. But the manufacturing slowdown will likely prove transitory, and a rate cut could push the economy closer to operating at its true potential.
What GDP Data Really Shows This week's main event is the Friday release of second-quarter GDP data. While this news will certainly garner many reactions, GDP doesn't reveal much unless you know the underlying growth potential. Other measurements—such as jobless claims and the unemployment rate—can help paint a clearer picture of the economy. LISTEN AND SUBSCRIBE
Plus, bonds, real estate investing, and keeping your ID safe. June 27, 2024 View in a browser FIDELITY VIEWPOINTS ® WEEKLY EDITION: June 27, 2024 Tax hikes may be coming Learn what you can do now to prepare in case rates rise in the next 2 years. 4 strategies Why buy bonds now Discover why Fidelity and PIMCO are bullish on bonds for the rest of 2024. Find opportunities
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