Weekly Commentary and Stock Recommendation: 24th June – 28th June 2024

Global Economy According to the US Bureau of Economic Analysis, US Real gross domestic product (GDP) increased by 1.40% YoY in Q1:2024, according to its “third” estimate (vs. 3.40% YoY in Q4:2023). The increase in real GDP primarily reflected increases in consumer spending, residential and nonresidential fixed investment, and state and local government spending that […]