Q2 GDP Strong, But Below Expectations // Infrastructure Bill Moves Forward // Adam Johnson of Bullseye Brief - 7/29 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(1:57) - Second quarter GDP came in at 6.5% which, while it is an indicator of strong economic growth, was well short of economists' expectations of 8.5%. What factors played a role in the GDP miss, and what can we expect to see in Q3 and Q4?(11:27) - In a 67-32 bipartisan vote, the $1 trillion infrastructure bill has moved forward in the Senate and is now one step closer to final passage. The bill is now open for debate on amendments before the next step is taken.(23:58) - The Federal Reserve did not make any major announcements regarding policy changes following their meeting yesterday. The guys debate whether or not Jay Powell and the Fed will taper their bond-buying program before the end of the year.(32:18) - Adam Johnson of Bullseyebrief.com joined the show to discuss the current state of markets; specifically, why there is a lot of room to run in this market, and why certain concerns regarding stocks are overblown.