ACTV - The U.S. Economy: Standing Out From The Crowd

2024-02-23 22:15:00 ET

Summary

• While other major economies stagnated or contracted in the second half of 2023, the U.S. economy has been thriving and has thus far weathered the most vigorous period of interest rate hikes in nearly forty years.
• The strength of the economy has driven U.S. equity market outperformance - a trend that is likely to persist.
• The U.S. economy defied global trends in the second half of 2023, posting a quarterly GDP growth rate of 4.1%.

While other major economies stagnated or contracted in the second half of 2023, the U.S. economy has been thriving and has thus far weathered the most vigorous period of interest rate hikes in nearly forty years. ...

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