Latest / CEO Daily Brief with Dr. Jessica Kriegel
Misleading GDP Numbers
In today’s episode:
The U.S. GDP has been revised up to 3.8%. The number looks good, but what's really going on?
The math behind the GDP can be misleading. Tariffs are reducing imports, which makes the export numbers look relatively larger.
When you add the bad labor numbers, it's clear none of this makes sense. Markets and the news aren't celebrating the numbers.
Most of these metrics have become political tools that people don't trust. The only thing that really moves the market is the Fed's interest rate changes.
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The skinny
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