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/

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Bill Haskell writes Promoting the General Welfare, The Supreme Court’s Version of Doing So

NewDealdemocrat writes For the second time in three months, the Household jobs Survey was recessionary

Angry Bear writes Medicare Payment Advisory Commission report to Congress Brief

Angry Bear writes Western “Values”