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US Q3 Actual GDP At 1.8% YoY, GDP Worth Index Falls To 4.1% YoY As M2 Cash Crashes Most In Historical past (UST 10yr – 3mo Yield Curve Inverts) Heating Oil UP 162% Beneath Biden

by CrediReview
October 27, 2022
in Investments
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US Q3 Actual GDP At 1.8% YoY, GDP Worth Index Falls To 4.1% YoY As M2 Cash Crashes Most In Historical past (UST 10yr – 3mo Yield Curve Inverts) Heating Oil UP 162% Beneath Biden
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by confoundedinterest17

US Q3 GDP numbers are out and they’re … meh. Solely Biden and Karine Jean-Pierre would cheer about 1.8% actual GDP development. At the least actual GDP development wasn’t adverse!

Actual GDP rose 2.6% after -0.6% in Q2 and 1.8% YoY. However essentially the most attention-grabbing knowledge bit is the GDP Worth Index. It fell to 4.1% in Q3 down from a whopping 9.0% in Q2.

However wait! Additionally declining at a stall velocity is M2 Cash.

And brace your self for a chilly winter. Heating oil is UP 162% underneath Biden.

 



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