U.S. GDP Didn’t Validate Fears of Downside Risks: Invesco’s de Longis

The video discusses the US economy, highlighting the strong consumer confidence and its significant role in economic growth. Despite trade wars, the consumer sector remains robust, with GDP growth slightly below potential. Inflationary pressures are minimal, maintaining a stable policy environment. The report alleviates fears of downside risks, emphasizing the importance of forward-looking analysis for financial markets.

What is the potential growth rate in the US mentioned in the text?

What does the speaker imply about the risks of economic downturns?