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

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Manage episode 275703031 series 2401578
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Department of Commerce’s new report shows 33.1% annualized growth in Q3, but does this really tell us much about the state of the economy?

This episode is sponsored by Crypto.com, Nexo.io and Elliptic.

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.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

2592 episodes

Artwork
iconShare
 
Manage episode 275703031 series 2401578
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The Department of Commerce’s new report shows 33.1% annualized growth in Q3, but does this really tell us much about the state of the economy?

This episode is sponsored by Crypto.com, Nexo.io and Elliptic.

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.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

  continue reading

2592 episodes

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