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home / news releases / q3 2024 cyclical outlook

ACTV - Q3 2024 Cyclical Outlook

TWO RDS SHARED TR

2024-06-26 02:20:00 ET

Summary

  • Growth peaked on a quarter over quarter seasonally adjusted annual rate in Q3 last year at 4.9%.
  • One area of uncertainty is the spend rate for the IRA and CHIPs Act. While we believe the current administration will keep spending high through the election, next year is more uncertain.
  • Inflation, on the other hand, continues to be firm and looks set to accelerate. CPI in May is running at 3.25%.

By Douglas R. Terry, CFA

Highlights

  • Growth to slow
  • Inflation sticky
  • Dollar firm
  • Interest rates peaked but higher for longer

For further details see:

Q3 2024 Cyclical Outlook
Stock Information
Company Name: TWO RDS SHARED TR
Stock Symbol: ACTV
Market: NYSE
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