WS #13053
Q2 GDP grows only 1.5% (miss vs 2.1% expected), core PCE +0.1% m/m (3.3% y/y), confirming stagflation but market rotates into AI winners.
US macro data: stagflation confirmed
Q2 GDP grows only 1.5% (miss vs 2.1% expected), core PCE +0.1% m/m (3.3% y/y), confirming stagflation but market rotates into AI winners.