Locator: 48491GDP.
Earlier I said the "big story" today was Apple. That's still true, but the revised GDP for 2Q24 was an even bigger story.
Two screenshots, 2Q24:
But, not looking good, going into 3Q24, but I'm sure the Fed is watching this closely:
This data certainly support a September, 2024, Fed cut, with the only question, 25 basis points or 50 basis points?
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.