Bautis Financial
Secure your Castle, Achieve your Dreams.
The economy shrank 0.3% last quarter, triggering headlines about a looming recession. But a closer look at the GDP report shows surprising strength in business investment and consumer spending. Here's what it really means — and how to prepare for a recession just in case.
The S&P 500 soared over 23% in 2024, marking two consecutive years of gains above 20% — a streak not seen since the 1990s. Fueled by Fed rate cuts and booming AI investments, the market defied economic concerns. Let’s uncover what drove this extraordinary year, and what 2025 might bring.
According to the International Monetary Fund’s World Economic Outlook, the United States economy is doing better than that of any other member of the Group of Seven (G7). The global economy watcher upgraded its prediction for U.S. GDP growth to 2.8% this year, above that of other large, rich nations.
Q2 gross domestic product (GDP) numbers were down by a record 32.9%. Here's what contributed to the loss, and some insight into how long economists think it will last.
