Sage Advice Quarterly Market Review 2Q2010

The economy turned in another decent showing in the latest quarter, staging a 3.2% growth rate in the January-March period following the 5.6% increase in the previous quarter. With three quarterly gains in GDP under its belt, and another on the way, this much maligned recovery is starting to get some respect. Indeed, the doubledip crowd is about ready to throw in the towel, and middle of the road economists are lifting expectations regarding the future. The Blue Chip surveys have shown a steady increase in optimism among respondents, who have raised their 2010 growth forecasts three times since last October.