Every quarter like clockwork, the talking heads eagerly wait for the gross domestic product (GDP) report to be released.
Now, you can think of GDP like the report card for the country’s economy’s very own “report card” in that it shows the current growth of the economy.
The first quarter GDP report was released, beating economists’ expectations by nearly a whole percent – marking 10 years of economic expansion in July.
But while many investors took this report as an A+ for the economy – the underlying numbers aren’t quite painting the same picture for the future.
And while most are falling for the report’s positive results – if you follow the herd mentality, you could find your wallet completely empty in no time.