Market Overview Analysis by Brian Gilmartin covering: . Read Brian Gilmartin's latest article on Investing.com
The scheduled GDP release this Thursday, May 30, ’24, is the 2nd look at Q1 ’24 GDP and the 2nd estimate is expecting 1.3% – 1.5%. The deflator, which is part of the GDP release and measures goods and services prices, is expected at +3.1% per the Briefing.com calendar.
Friday morning, we get Core PCE data for April ’24, and overall April PCE data is expected at +0.2%, while the April Core PCE data is expected at +0.3%.
On this Memorial Day, 2024, as an American citizen, we are blessed with a $27 trillion US economy, a $46 trillion stock market, and a $51 trillion US bond market. Today, we are living in the greatest wealth-creation machine in the history of civilization, and the Americans we memorialize today for their service and sacrifice, truly paid the ultimate price.
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