ECONOMICS:USGDPQQ (Q3/2023)
The American Economy ( ECONOMICS:USGDPQQ ) expanded an annualized 4.9% in the Third Quarter of 2023, slightly below 5.2% in the second estimate,
but matching the 4.9% initially reported in the advance estimate.
It still marks the strongest growth since Q4 2021.
Consumer spending rose less than initially anticipated (3.1% vs 3.6% in...
Bitcoin and Crypto Nation... eat this ‼️
Found an interesting connection of quarterly reported US GDP and the prediction of the following quarter performance of BTC - no joke - look at the chart ‼️
Kind of sentiment effect IMO
Thursday GDP increase expected - bullish Q3 for Bitcoin ??!!
Tell me your thoughts in that idea
*not financial advice
do your own...
The US has technically entered a recession in the second quarter 2022 as the economy contracted 0.9% year over year, following a 1.6% decline in the first quarter. However, the official body that is tasked to make a call on whether the economy is in a recession has yet to declare that the US is in fact in an economic downturn.
Slowdown in private and public...
CNBC: U.S. GDP fell at a 1.4% pace to start the year as pandemic recovery takes a hit
First thing we need to do is ignore the headline completely and dig into the details.
"Just tell me if it's good or bad!"
It's not that simple. The problem with any broad-based measurement like GDP is that the good stuff is hiding in the details.
Quick recap of the GDP...
The Macro Trend for 2022 for the 6th consecutive year remains - Aggression for every Point on the Curve.
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Commodity Hoarding to the Space Race to Territorial Disputes, 2022 will be a remarkable year for the
Rising Dragon.
One of more interesting but non-topics has been...
