The Economic Outlook for Q2 2024

In this episode of Buckingham Perspectives, Chief Investment Officer Kevin Grogan shares our outlook for markets and the economy. Our latest Quarterly Outlook report covered the strong and consistent growth of the U.S. economy in 2023, which grew at an annualized pace of 2.5%. So far in 2024, the U.S. has continued to be an outlier compared with other economies, growing at an estimated 2.8% annualized pace in the first quarter, while other developed markets have experienced flat growth or are in a recession. Meanwhile, inflation is still well above the Federal Reserve’s long-run target of 2% – with core CPI rising 3.8% in the 12 months through March, the same pace as February.

Click here to view the full Quarterly Outlook for Q2 2024.

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