White House adviser expects US GDP growth of at least 2% to 2.5% in Q1
Portfolio Pulse from
White House economic adviser Kevin Hassett predicts strong first-quarter GDP growth between 2% and 2.5%, suggesting continued economic resilience despite previous concerns about potential recession risks.
March 18, 2025 | 11:30 am
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POSITIVE IMPACT
Strong GDP growth projection may improve investor confidence and potentially drive stock market performance, particularly in broad market ETFs.
A GDP growth forecast above 2% suggests economic expansion, which typically supports stock market performance. The positive outlook could encourage investor confidence and potentially drive stock prices higher.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 80