BREAKING:.. US GDP
Bad news is good news or..?
Discussion
It’s a good setup for 2025… when economic growth will (likely) surprise to the upside.
I understand, like setting fuel.. I see.
Dr Jeff talking about BTC specifically, I noticed how in term of patterns and timing also, seems like everything is rhyming very strongly.
Shake out in August and consolidation in September, blow up from October to December, little consolidation until January and then again melt up to end of March.. also very familiar with 2021.
Have you noticed this too?
Sorry I didn't specified, from August '23 until March '24.
Depends on who you ask:
- CNN: "another robust year"
- AP: "solid"
- CBS: "healthy"
- NBC: "less than expected"
- Bloomberg: "solid"
https://edition.cnn.com/2025/01/30/economy/us-economy-gdp-q4/index.html
https://apnews.com/article/economic-growth-economy-powell-trump-0d5ada55414b7178b399bc781ab54a01
https://www.cbsnews.com/news/us-economy-gdp-healthy-last-quarter-2024/
https://www.nbcnews.com/business/economy/gdp-grew-23-fourth-quarter-less-expected-rcna190015
I'm not convinced things can eternally grow at an exponential rate. If that correct, at some point the music will stop and people will be scrambling for chairs.
I agree with you, we know it's a "grow" counted in nominal terms.
I am coming to the conclusion Jeff Booth is completely right, teal growth is deflationary, and value of everything is determinated by it's energy cost of production.