Are these gloomy headlines telling the full story?

[image] Senior Analyst [image] Marketing Brew Beware the gloomy headlines about U.S. GDP. According to preliminary Bureau of Economic Analysis data released last Thursday, U.S. GDP declined at an annual rate of 1.4%. However, this negative number belies the relative strength of the U.S. economy. A single stat can't explain the whole story: Net exports subtracted 3.2 percentage points from GDP. When net exports are negative, it means the U.S. is importing more than it is exporting.Indeed, imports are up, and exports are down because the U.S. economy is just a lot stronger than its international trading partners. “What this says is DEMAND is strong as consumers and businesses are buying a lot,” explained Jason Furman, the Harvard economics professor and former chair of President Barack Obama’s Council of Economic Advisers. As the details of the GDP report show:Personal consumption grew at a 2.7% rate. Business investment grew at a 9.2% rate. The fact that the U.S. economy has so much demand and is outpacing other countries doesn’t necessarily support the idea that the U.S. economy is contracting. It's important to take headlines with a grain of salt, as they might not be telling the whole picture. [Inflation could make this group go parabolic to the upside]() There's a certain sector in the market that's going bonkers to the upside, even during roaring inflation. And there's now a "Perfect Storm" scenario in place that could cause this whole group to go parabolic to the upside. Want the details? All is revealed in our hot new report entitled… YOU Can Make Out Like a Bandit in the Market… Even as Inflation Roars Ahead! And you can begin reading [this FREE report]() in the next 30 seconds. [Click here to discover the exciting details about how you could invest in one of the potentially biggest bull markets of all time.]() 316 Media and Silver Ridge Market Report, is not giving individualized financial advice. Never invest more than you are willing to lose. 316 Media or Silver Ridge Market Report is not giving financial, investment, or stock advice. Our content is designed for generalized informational purposes only. If you have specific questions about investments or stocks you should consult a financial advisor. Articles, News, Or Other published materials are not always the views of 316 Media and/or Silver Ridge Market Report. If you feel you are receiving these emails in error please email Support@SilverRidgePro.com or click the unsubscribe button below. Update Email Preferences Or [Unsubscribe]( Silver Ridge Media 30 N Gould St, Ste R Ste R Sheridan, Wyoming 82801 United States