By Eric Parnell, CFA on April 2, 2025April 2, 2025 <span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span> Always do your own homework. It’s easy to believe everything you hear, but real insights come from analyzing the evidence and uncovering the facts. The truth is essential when shaping your investment strategy. Key Data Behind the U.S. Markets: Atlanta Fed GDP Now Forecast: The first-quarter earnings forecast has dropped significantly, but this should be viewed in the right context. Adjustments, particularly related to gold, suggest the outlook is better than the initial data implies. New York Fed Now Forecast: Economic projections remain strong, with first-quarter growth exceeding 2% and continued strength expected throughout the second quarter of 2025. Corporate Earnings: Despite market uncertainty, corporate earnings forecasts for the remainder of 2025 continue to project double-digit growth. This reflects confidence from corporations that 2025 will be a strong year. Inflation: Market expectations indicate inflation remains under control, with the five-year average projected well below 3%. Overall Outlook: Hard data tells a more optimistic story than some financial media narratives suggest. Great Valley Advisor Group is excited to present the latest episode of our video series featuring our Chief Market Strategist, Eric Parnell, CFA. At under 3-minutes each, these bi-weekly videos are meant to provide concise observations on relevant economic indicators to strengthen your knowledge and understanding of current market trends. Subscribe to the GVA YouTube channel Eric Parnell is solely an investment advisor representative of Great Valley Advisor Group, and not affiliated with LPL Financial. Any opinions or views expressed by Eric Parnell are his own and are not those of LPL Financial. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Economic forecasts set forth may not develop as predicted. LPL Compliance Tracking #: 712965