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Q3 Advance GDP was 2%. What does it mean for stocks?

Summary:
Q3 GDP came in below forecasts, but above some of the more dire forecasts. Economy likely stabilizing at this pre-pandemic, non-inflationary growth level. This is not bad for stocks and other financial assets. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/ Download my podcasts! New one every week. https://www.buzzsprout.com/1105286 Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/

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Q3 GDP came in below forecasts, but above some of the more dire forecasts. Economy likely stabilizing at this pre-pandemic, non-inflationary growth level. This is not bad for stocks and other financial assets.



Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.pitbulleconomics.com/



Download my podcasts! New one every week. https://www.buzzsprout.com/1105286



Mike Norman Twitter

https://twitter.com/mikenorman



Mike Norman Economics: https://mikenormaneconomics.blogspot.com/
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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