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Business
Steve Reitmeister

Has the Bull Market Run Out of Steam?

Steve Reitmeister Reity

Investors were afraid a recession was starting to form in Q1 with signs of potentially disastrous GDP contraction. In the end it turned out to only be a mild -0.3% pullback with signs of things improving ahead.

Yet as of today the famed GDPNow model from the Atlanta Fed is sporting a +4.6% read for Q2 after a slew of above expectation economic reports.

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