This Data Shows The State Of The U.S. Economy
Listen now
Description
This week's big miss in US GDP raises several questions about the state of the economy. It was significant enough to immediately call into doubt the soft landing. Last year's surge now appears to have been just a short run temporary jump, meaning GDP might be joining the majority of macro data indicating much sharper and more serious weakness than was though just before the data's release.  Eurodollar University's conversation w/Steve Van Metre S&P Global April 2024 flash PMIshttps://www.pmi.spglobal.com/Public/Home/PressRelease/2a6d069e95b3402f85a5e44e3ff49917 https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
More Episodes
Published 05/21/24
Apple becomes just latest corporation to report results in line with recent macro statistics. That list now includes Home Depot and even today's Red Lobster bankruptcy. People are struggling and businesses are noticing and feeling the impact. But how far has it gone? Some other metrics are not...
Published 05/21/24
Business at Walmart is brisk these days...and that's a big problem. The better things go for the company especially at the grocery department the worse you know it is in the economy. And the big retailer just put up robust results because it isn't just struggling Americans coming in to shop,...
Published 05/20/24