The U.S. economy grew at an upwardly revised 4.2% growth rate in the second quarter. Our Chief Equity Strategist and Economist, John Blank, is here to help put that into context.

1. You say, and have been saying, that while on the surface this confirms robust expansion, you’re taking the number with a grain of salt. Why?
2. Do you see this expansion ending any time soon?
3. What role does the increase in the U.S. trade deficit play in our current economic condition?
4. Is the trade deficit problematic?
5. We saw brent crude hit $80 a barrel recently. What do you make of that?
6. Stocks you’re looking at now include Apple (AAPL Quick QuoteAAPL - Free Report) , Microsoft (MSFT Quick QuoteMSFT - Free Report) and KLA Tencor (KLAC Quick QuoteKLAC - Free Report) .

More interesting and thought provoking information from our Chief Equity Strategist and Economist, John Blank. With John, I’m Terry Ruffolo.