Closed-End Fund Market Commentaries
Jul 31, 2017
Click here to access Unfortunately, Still a Plow Horse
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%.