Suggestion: Save your "...but but but" comments. You all know populist 'Cons and their media had recession on a loop 2 months ago.
Link: https://www.nytimes.com/2022/10/27/business/economy/us-economy-gdp.html
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But the necessary cure is going to hurt everyone.
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The truth is the US economy has some whacked out anomalies because of inflation, but it is still very strong.
Consumer spending? Government spending? Fixed investment? Net exports? Inventories?
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Some have raised a concern that the entire gain was fueled by a jump in net exports, which is unlikely to be repeated.
Others look at the residential fixed investment figure and say, "holy shit, that doesn't bode well!" The consumer is hanging in there, and that better continue, or else the increase in inventory investment is going to be a problem.
So, I am genuinely interested in hearing what part of the report assuaged your fears about the economy.
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