We Need To Discuss The New GDP Data IMMEDIATELY
Oct 27, 2023•18 min•Ep. 608
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Episode description
#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #collateral #repo #yieldcurve
US GDP surged in Q3 as the economy experiences the absolute peak of the disinflation rebound. You'd think that rates would be skyrocketing as would something like oil, both reading the big figures as confirming the need for higher rates due to unbreakable American demand. But, nope, markets basically ignored the data...for good and increasingly clear reasons. A last summer hurrah before the fall.
Eurodollar University's Money & Macro Analysis
Twitter: https://twitter.com/JeffSnider_AIP
https://www.eurodollar.university
RealClearMarkets Essays: https://bit.ly/38tL5a7
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