koolgal
07-27 08:26
๐ŸŒŸThe upcoming US Q2 GDP results on July 30 will be a pivotal point for US equities.

The latest consensus & tracking metrics have revealed that the most likely outcome is a GDP landing between 1.5% & 2.4%.

This would be a Goldilocks scenario with core final domestic sales holding firmly above 2.5%.

This is great news for large cap equities like the Magnificent 7.  It proves that despite elevated energy prices & sticky core inflation, corporate margins are holding up. 

This will allow new Fed Chair Kevin Warsh to maintain a steady pause, effectively keeping the economy in a durable extended cycle.

I would continue to dollar cost average into index ETFs such as $SPDR Portfolio S&P 500 ETF(SPYM)$ as it will automatically tilt my portfolio toward high quality cash rich companies that can easily withstand the USD 100 oil, geopolitical conflicts & tariff uncertainties.

Let's hope for the Goldilocks scenario which is best for US equities.

@AI_FocusedTrader @Tiger_comments

@AI_FocusedTrader๏ผš3 US Q2 GDP Outcome Scenarios & Direct Impacts on US Equities
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