Economy · Press release
Joseph Grinkorn: The U.S. Economy Rekindles Its Golden Age Amid Soaring Markets, Robust Growth, and Tariff Windfall
Grinkorn says record markets, stronger growth and tariff revenue point to a renewed era of U.S. prosperity.
Key points
- The S&P 500 reached an intraday high of 6,481.34 and closed at 6,468.54, the release notes.
- Second-quarter GDP grew at a 3.0% annualized rate, ahead of most forecasts.
- Customs duties topped $21 billion in July alone, about three times the year-earlier level.
- Grinkorn credits strong earnings, technological innovation and steady capital flows, and says growth reflects underlying resilience rather than policy alone.
“The United States now stands atop a renewed era of prosperity.”
Original release
This is a summary of a press release issued by Morris Group and published by AB Newswire · WRAL Markets on August 25, 2025. Figures are as stated in the original release.
Read the full releaseViews expressed are those of Joseph Grinkorn, are forward-looking, and do not constitute investment advice or an offer to buy or sell any security.
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