The GDPNow forecast for real GDP growth in the second quarter of 2015 was 0.7 % on May 19, unchanged from May 13.
A slow growing economy points to subdued growth in profits, weak commodities and stable bond yields.
Low inflation is likely to remain in place under these conditions, making income producing investments particularly attractive.
The investment strategy we follow depends on this forecast. If the outlook changes, we will change our strategy.
Time will tell, of course.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Author, Profiting in Bull and Bear Markets
No. 1 bond timer in the past 12 months.
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