Q2 GDP Revised Higher

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...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

45 Comments on Q2 GDP Revised Higher

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 12/9

12/9 10:00 ET Wholesale Inventories
12/10 8:30 ET Productivity
12/11 8:30 ET CPI and Core CPI
12/11 2:00 ET Monthly US budget
12/12 8:30 ET PPI and Core PPI
12/13 8:30 ET Import Price Index

Recent Comments

by -Hop Daddy-, 8 min 21 sec ago
by turd ferguson, Dec 10, 2024 - 9:48pm
by Empire47, Dec 10, 2024 - 9:02pm
by Empire47, Dec 10, 2024 - 9:01pm
by 911Truther, Dec 10, 2024 - 8:52pm