FIRST QUARTER’S GDP SURPRISEEconomic Commentary |
We’ve finally closed the book on what was one of the most perplexing quarters of this expansion.
In January and February 2019, economic data took an unexpected turn as trade and political headwinds weighed on global demand. Tensions then subsided in March, and signs of a rebound started to appear.
John Lynch Chief Investment Strategist, LPL Financial
Jeffrey Buchbinder, CFA Equity Strategist, LPL Financial