Recent economic figures, which show improving inflation and steady GDP growth, continue to support the market rally. The latest GDP report for the second quarter showed that, adjusted for inflation, the U.S. economy grew at a healthy pace of 2.4% quarter-over-quarter.
The past few years are proof that market sentiment can turn on a dime. This year's strong market rally, with the S&P 500 rising 15.9% and the Nasdaq gaining 31.7% in the first half of the year, has been driven by technology stocks, improving inflation, and the absence of a recession.
Amplify Natural Resources Dividend Income ETF (NDIV) June 2023 recap includes portfolio attribution, yields, performance, allocations, and more.
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