With Fed. Res. signaling upcoming interest rate cuts and WH and private sector ramping up investment in strategic areas, concerns over a potential asset bubble are gaining traction.
U.S. economy expanded at a 3.3% annualized pace in second quarter of 2025 with rate of growth exceeding earlier estimate and signaling economic strength.
Stocks (and gold) shot up in response to Powell’s talk, and Treasury yields declined in the wake of his comments, so let’s hope he follows through on this view.
Based on hopes of the Ukraine war ending, plus other factors,major stock indexes are up an average of 2% in 1st half of August – normally a weak month.
