Sharp Drop in US Growth Reported – Worse Than Expected… The Stock Market is Rigged?

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The GDP Report Was Even Worse Than Expected
newsfilter.io/articles/the-gdp-report-was-even-worse-than-expected-66702a784925cb48cfb66f5b46730c38

The third quarter GDP, which was the lowest since the Covid-collapse quarter of Q2 2020 when GDP crashed more than 30%, was a big drop from the 6.7% final Q2 GDP estimate, and the question now is how much further will subsequent revisions shrink the initial print and whether Q3 marks the lowpoint for US GDP or will Q4 be even worse.

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www.zerohedge.com/markets/q3-gdp-misses-us-economy-grows-only-2-third-quarter

 

h/t Doorbert Returns

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