Q2 GDP Growth Revised To 4.2% Annual Rate first appeared on Floating Path.
Real gross domestic product increased at a seasonally adjusted annual rate of 4.2% in the second quarter, the BEA published this morning. This was the second estimate for Q2, the initial estimate had been a growth rate of 4.0%.
In Q1, GDP decreased at a rate of 2.1%.
Peter Lynch was one of the best growth investors of all time. As the Magellan Fund manager at Fidelity Investments between 1977 and 1990, he averaged a 29.2% annual return. Q1 2021 hedge fund letters, conferences and more The fund manager's investment strategy was straightforward. He wanted to find growth companies and sit on them Read More