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Re: GDP Q3 2.6% better than 2.3% est.

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 27 Oct 22 4:23 PM | 16 view(s)
Boardmark this board | The Trust Matrix 		Msg. 47641 of 54959
(This msg. is a reply to 47638 by clo2)
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It's hard to figure out as apparently it's entirely explained by increased exports/ reduced imports, which makes no sense against a rising dollar, where you'd expect the exact opposite. Something to do with Ukraine?

I've more-or-less given up trying to understand economics over the short run, so I probably shouldn't even express an opinion.




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The above is a reply to the following message:
Re: GDP Q3 2.6% better than 2.3% est.
By: clo2 in ALEA
Thu, 27 Oct 22 3:41 PM 		Msg. 47638 of 54959

The housing market was a drag, otherwise the number would've been better.

I don't know how the Fed will respond.

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