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Closed-End Fund Commentaries

Unfortunately, Still a Plow Horse 

Jul 31, 2017
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Yes, Friday’s report of the Q2 real GDP growth rate
was a little faster than average, but, with one exception, it remains the same Plow Horse it’s been for the past eight years. The US economy has grown at an annual rate of 2.1% since the economic recovery started in mid-2009. So the second quarter 2.6% rate was a little faster, but not much – average it out with Q1, which was 1.2% and you get 1.9%.

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