Weekly Commentary and Stock Recommendation: 23rd October – 27th October 2023

Global Economy According to the US Bureau of Economic Analysis (BEA), US Real Gross Domestic Product (GDP) increased at an annual rate of 4.9% in Q3:2023 (vs. 2.1% in Q2:2023), according to its “advance” estimate. Compared to the second quarter, the acceleration in real GDP in Q3:2023 reflected increases in consumer spending, private inventory investment, […]