Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy

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Manage episode 275754624 series 2637334
By Nathaniel Whittemore. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Today on the Brief:

  • FTX launches equities trading
  • Avanti gets Wyoming bank charter
  • France locks down and ECB intimates new stimulus

Our main discussion: GDP growth report

The Department of Commerce released its Q3 GDP numbers. Touted as record growth, this is actually a much more complicated story. In this episode, NLW breaks down what the numbers tell us and what they don’t, and why we should be more focused on understanding long-term consumer behavior shifts than short-term numbers.

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