3 Key Drivers For Economic Growth

3 Key Drivers For Economic Growth

Article SummaryOil at $60 per barrel will stem worker layoffs and revive the energy sector while stimulating further economic growth.Corporate earnings are improving with more upward revisions and upside EPS surprises, evidence that the weakness in the first quarter was only temporary.April’s jobs report was a positive sign that the economy is still healthy while additions in the construction industry shows strength in consumer demand.U.S. financial markets have been touch-and-go this year and mixed economic data points to a murky outlook for growth. The S&P 500 is up just 1.93% year-to-date while the NASDAQ has posted a far more impressive 5.19% gain. The yield on the 10-year Treasury note has fluctuated quite a bit from a low of 1.65% to a high of 2.29% – its current yield. However, volatility as measured by the VIX has dropped over 27% – currently hovering below 14… Read full article at Seeking...