One story to focus on for August is the U.S. economy is doing fine. We get more on that now from our Chief Equity Strategist and Economist, John Blank.

1. We’re talking ahead of the U.S. GDP number for Q2 coming out on July 27^th. The forecast is for 4% growth. But you say there’s more to the headline number that has to be considered. How so?
2. What are your thoughts on the U.S.—EU Trade announcement?
3. Does China now become a wild card regarding trade with the U.S.?
4. Do you think August may be an interesting month for oil prices given the U.S./Iran rhetoric?
5. What do you make of the bubble talk out there regarding the credit market?
6. Talking Sectors & Stocks…Industrials are very attractive again you say, especially Mitsui and Co. (MITSY Quick QuoteMITSY - Free Report) . Energy is also very attractive. In that group, there’s Marathon Oil Corp. (MRO Quick QuoteMRO - Free Report) . And, Consumer Discretionary rises back to Market Weight. Auto retailer, America’s Car Mart (CRMT Quick QuoteCRMT - Free Report) stands out. 

That’s the Spoken Word from our Chief Equity Strategist and Economist, John Blank. With John, I’m Terry Ruffolo.