Goldman Sachs Strategists Expect U.S. GDP Growth to Remain Above Trend

Strategists at investment bank behemoth Goldman Sachsrecently noted that their economists expect U.S. GDP growth to remain above trendthrough the next few quarters; however, they caution that this will notnecessarily translate to equally outsize gains in the stock market.

Inthe chart below, stock market gains for the following 3, 6 and 12 month periodsare grouped by Institute for Supply Management (ISM) index values at the startof the periods. What it shows clearly is that the best stock market gainscome from good-but-not-spectacular ISM values, while the red-hot “greater than60” ISM values are typically followed by low or even negative stock marketreturns. The current ISM value is 65 – squarely in that red-hot category.

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Womack Investment Advisers, Inc.

WOMACK INVESTMENT ADVISERS, INC.
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Womack Investment Advisers, Inc. (WIA) is a registered investment adviser whose principal office is located in Oklahoma. Womack Investment Advisers, Inc. is also registered in the State of California, the State of Illinois, the State of Indiana, and the State of Texas. WIA only transacts business in sates where it is properly registered, or excluded, or exempted from registration requirements.

Dogs may be some of the world’s most effective disease detectives. In January, before COVID-19 was known to have arrived on our shores, NPR wrote about the dogs’ ability to smell disease. The host of Medical Monday interviewed Maria Goodavage, author of Doctor Dogs: How Our Best Friends Are Becoming Our Best Medicine , who said: “With ovarian cancer, there's not much great testing for early detection. I heard about these dogs at the University of Pennsylvania Veterinary Working Dog Center that are able to smell ovarian cancer. They're able to detect it as early as stage one. We're not even talking tumors here. They're able to detect ovarian cancer in one drop of plasma from a woman with ovarian cancer.” Doctor dogs also are being trained to detect the novel coronavirus. Reuters reported, “A study recently found dogs can identify infected individuals with 85 percent to 100 percent accuracy and rule out infection with 92 percent to 99 percent accuracy.” Airp

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