US Q3 GDP numbers are out and they’re … meh. Solely Biden and Karine Jean-Pierre would cheer about 1.8% actual GDP progress. No less than actual GDP progress wasn’t destructive!
Actual GDP rose 2.6% after -0.6% in Q2 and 1.8% YoY. However essentially the most fascinating knowledge bit is the GDP Value Index. It fell to 4.1% in Q3 down from a whopping 9.0% in Q2.
However wait! Additionally declining at a stall pace is M2 Cash.
And brace your self for a chilly winter. Heating oil is UP 162% beneath Biden.