U.S. 3Quarterly GDP: 4.9% vs 4.3% est. Last guess was 2.1%
Today, the Bureau of Economic Analysisreleased updated GDP figures for Q3. The quarterly GDP is released every month throughout a quarter, becoming more accurate each release.
For example, Q2 started at 2.4% growth, then lowered as the summe went on to 2.1%.
We started this quarter there, and exploded upwards. If the high growth leads to price inflation, investors are worried the Fed may introduce further rate hikes.
Q:
Q:
Are you Bearish that high growth is bad for inflation, or are you bullish on overall market growth?
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Moomoo News and Community Manager
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Fmr CNBC contributor, reporter/investor/trader
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