Why Slower GDP Shouldn’t Worry Long-term Investors
The business cycle is advancing despite a number of investor concerns, one quarter after the economy returned to pre-pandemic levels. And while the pace has decelerated, this is normal after last year’s extreme rebound. For investors, this is important because an economy that is expanding – even at a slower rate – is what supports a robust bull market. What should those worried about their portfolios expect from the economy going forward?
“Your task is not to foresee the future, but enable it.”
– Antoine de Saint-Exupery –
We hope you enjoy this installment of Timonier’s “From the Engine Room”.
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