U.S. Service Industries Expand at Slower-Than-Expected Pace

The video discusses a question from Guy about whether current growth represents a peak. It analyzes the growth numbers, noting that while they are below expectations, they are still strong compared to historical figures. The discussion highlights that the previous quarter was an all-time high, and a drop was anticipated. The video also explores expectations for the second quarter and potential market reactions to the current growth figures.

What does the speaker find surprising about the current growth number?

How might the market react to the growth number mentioned?