US GDP

Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic product (GDP) calculations. What Happened: Lutnick argued that government spending has historically distorted GDP figures. He stated, “They count government...

In the face of global and national political upheavals, the U.S. economy is projected to maintain its exceptional performance, surpassing other major economies in 2025, as per economist Mohamed El Erian. What Happened: El Erian attributes the strength of the U.S. economy to its significant foreign...

The U.S. economy could be on the brink of a recession, according to Lakshman Achuthan, co-founder of the Economic Cycle Research Institute (ECRI) and business-cycle expert. What Happened: The ECRI’s Leading Economic Index, known for its near-perfect track record, has been on a downward trend...

The latest report from the Bureau of Economic Analysis reveals that the U.S. economy displayed robust growth in the third quarter of 2023, surpassing initial estimates and posting the strongest expansion since the fourth quarter of 2021. The second estimate indicates that the annualized GDP growth...

As we wrap up another eventful weekend, the investment world was abuzz with fresh insights and predictions. The week was highlighted by Chamath Palihapitiya’s views on the US economy, a robust Q3 GDP report, dire warnings from economist Peter Schiff, and more. Let’s take...

The Bureau of Economic Analysis (BEA) is preparing to release its third-quarter advance estimates for the U.S. gross domestic product (GDP) on Thursday. The U.S. is poised to showcase its most robust economic growth rate in years. The latest data is in stark contrast to views and recession fears...

EUR/USD staged a limited recovery after hitting 22-month lows.  US GDP is left, right, and center, and expected to be robust. The four-hour chart shows EUR/USD exited oversold conditions. EUR/USD is recovering, but this can be described only as yet another "dead cat bounce." The...

A new week full of earnings is ahead of us. Here is a look at what analysts at Argus Research are most focused on. Earnings, Earnings, Earnings Earnings season moves into to full force this week with many giants within the Energy, Industrial, Healthcare, Consumer and Technology segment...

President Obama unveiled his final budget on Tuesday which proposed a $4.1 trillion spending plan for fiscal 2017. "The Budget makes critical investments in our domestic and national security priorities while adhering to the bipartisan budget agreement signed into law last fall, and it lifts...

U.S. stocks were mostly higher as investors and traders continue to weigh in on earnings from large-cap companies like Apple, Microsoft, Facebook, and momentum high-flyers like Chipotle Mexican Grill and Intuitive Surgical. Despite geopolitical concerns, the S&P 500 managed to close at a...

On Tuesday, a team of analysts led by Anil Daswani at Citigroup (NYSE: C) released an outlook for the global gaming market. The analysts are bullish on the entire industry, using profound terms to describe 2014 as a “watershed year” for U.S. and Macau based gaming stocks. Macau: still room to...