The Bigger Story Today -- Revised GDP -- UP! Did JPow And The Fed Just "Stick" The Landing? LOL -- What A Great Country -- August 29, 2024

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?