Economic Overview - The economy presents a strong headline snapshot, but closer inspection reveals concerning underlying data [1][2] - GDP reading shows 3%, largely a reversal from the first quarter [1] - The economy is basically at full employment, satisfying one of the Fed's dual mandates [1] Consumer Spending & Investment - Consumer spending is described as "okay" rather than strong [1] - Investment number was down 15% [1] - Consumer-driven companies are not having robust quarters, indicating consumers are feeling the pinch [9] Labor Market - Jolt data indicates a loss of 280,000 jobs in the system [1] - There were 260,000 less hires last month [1] - 150,000 less people quit their jobs, suggesting a less optimistic view of the economy [1] Inflation & Pricing - PCE and CPI numbers were warm, slightly higher than expected, but within an acceptable range [1] - Import numbers offset each other, from -4.7% to +5% [1] - Costs will ultimately be passed down to the consumer, as companies will not decrease their profit margins [4][5] Company Performance Indicators - UPS is a good indicator of e-commerce activity and last-mile delivery performance [8][11] - Starbucks numbers reflect consumer discretionary spending [8] - Whirlpool numbers indicate consumer willingness to upgrade appliances [9]

GDP Growth & Economic Strength - US economy grew stronger than expected in Q2, driven by trade balance and consumer strength [1] - Strong GDP growth and income growth were observed [2] - The GDP release showed overall economic strength [4] - Real income grew by 3% [7] Tariffs & Trade - $127 billion in tariffs were collected [3] - Imported goods prices have dropped, suggesting foreign producers are bearing tariff costs [6] - Revenue from tariffs is important for deficit reduction [19] - Approximately 40% of imports have a 10-15% tariff [21] - The EU and Japan have agreed to spend $1 trillion in America with capital formation [21] Government Spending & Employment - Government spending saw a 5% drop [3] - There are 70,000 fewer federal employees [3] Housing & Construction - Construction spending was a point of weakness in the numbers [10] - Construction projects were held up due to anticipation of the "big beautiful bill" [11] Monetary Policy - Core PCE is at 21% [8][14] - The White House respects the Federal Reserve's independence and analysis [14]

About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 20 ...

预计三季通胀率为1.8%，核心通胀率为3.1%。 加拿大央行：预计在当前的关税下，二季度GDP萎缩1.5%，三季度GDP增长1%。 人口增长乏力及投资疲软将制约加拿大下半年经济表现。 2025年下半年及2026年消费增长或持续温和。 在新贸易环境下，预计加拿大下半年出口有望"企稳"。 ...

美国国家经济委员会主任哈塞特解读称，第二季度进口额下降为进口价格下降所致。外汇交易员 (@myfxtrader):美国第二季度进口下降推动GDP表现好于预期（公布值3%，预期2.4%），特朗普随即喊话美联储必须降息。 https://t.co/SuKBgBBlQY ...

道指期货跌0.02%，标普500指数期货涨0.04%，纳指期货涨0.11%。 | 标普500期货小型 | 6408.75 d | 2.75 0.04% | | --- | --- | --- | | 纳斯达克100期货小型 23477.00d 25.00 0.11% | | | | 纳斯达克100期货微型 23477.25 d 25.25 | | | | 道琼斯期货小型 | 44808d | -8 -0.02% | 21:16 欧洲主要股指涨跌不一 21:20 美股三大期指涨跌不一 21:30 美股盘前丨三大指数小幅高开新东方跌逾10% 德国DAX指数涨0.09%，法国CAC40指数涨0.46%，英国富时100指数跌0.17%。 美股三大指数小幅高开，道指涨0.05%，纳指涨0.19%，标普500指数涨0.11%。美国FDA出现重大人事 变动，生物制药公司REPLIMUNE涨逾70%，CAPRICOR THERAPEUTICS涨逾15%，萨雷普塔涨逾 10%。星巴克涨逾5%，2025财年第三季度营收超预期。新东方跌逾10%，2025财年第四季度净利润同比 大幅减少。 | 名称 | 现价 | 涨跌 | 涨跌幅 ...

加拿大央行预计，如果当前关税水平持续，第二季度GDP将下降1.5%，第三季度将增长1%。 ...

Market Overview - The three major U.S. stock indices opened slightly higher, with the Dow Jones up 0.05%, Nasdaq up 0.19%, and S&P 500 up 0.11% [1] - The Dow Jones Industrial Average is currently at 44,654.91, with a gain of 21.92 points [2] - Nasdaq index stands at 21,137.01, increasing by 38.72 points [2] - S&P 500 index is at 6,376.30, up by 5.44 points [2] Company Performance - Starbucks shares rose over 5% after reporting third-quarter revenue for fiscal year 2025 that exceeded expectations [1] - New Oriental Education shares fell over 10%, with a significant year-on-year decrease in net profit for the fourth quarter of fiscal year 2025, reporting a net profit of $7.1 million, down 73.7% [12] Economic Indicators - The U.S. second-quarter GDP annualized preliminary growth rate is reported at 3%, compared to a decrease of 0.5% in the first quarter [8] - The ADP employment report for July indicates an increase of 104,000 jobs, a recovery from a previous decrease of 33,000 jobs [10] Currency and Trade - The U.S. Dollar Index (DXY) rose over 10 points, currently at 99.24, while the EUR/USD pair fell below 1.15, down 0.38% [7] - Trump announced that India will pay a 25% tariff starting August 1, along with penalties for purchasing goods from Russia [11]

U.S. Economy Rebounded In Second Quarter As GDP Rises 3%https://t.co/PKvHnTU6Pf https://t.co/6KY5TzEMe9 ...

GDP Overview - Second quarter GDP grew 3%, exceeding the forecast of 2.6% and up from 0.5% in the first quarter [1] - Personal consumption increased by 1.4%, slightly below the anticipated 1.5% [2] Investment Trends - Gross domestic private investment, nonresidential fixed, decreased to 1.9% from 10.3%, indicating businesses were holding off on spending [2][3] - Equipment spending slowed to a 4.8% gain from a 23.7% gain [3] - Intellectual property, software, etc, rose slightly to 6.4% from 6% [3] Trade and Inventory - Exports were down 1.8%, while imports were down 30.3% after rising 37.9% in the first quarter, indicating an import-driven story [3][4] - Inventories decreased by $585.5 billion, contrasting with a $151.6 billion increase in the first quarter [4] Sales Analysis - Real final sales to domestic purchasers were at an annualized rate of 1.1%, down from 1.9% in the first quarter [5]