Seriously. A number that was already way above expectations got revised even higher this morning! LOLOL! But, whatever. It is what it is and, with that, we've successfully navigated the drilling down of expectations for a 50 basis point rate cut next month. That's now behind us so we can move on.
I don't know what to say about that GDP print. It seems outrageous as it's now over 50% greater than the final guess from Mr Donut. So is this just another example of a .gov agency cooking the books for political reasons? Heck if I know! All we can do is smell what they're shoveling and...
