๐Ÿ“Š Q2 Economic Bombshells โ€“ No Change Yet!

On July 28, when the GDP and Core PCE data dropped, the markets went wild:

GDP (QoQ): ๐Ÿš€ 3.0%

Core PCE (QoQ): ๐ŸงŠ 2.5%

As of August 9, thereโ€™s no revision โ€” the numbers are exactly the same as before.

๐Ÿ’ก Meaning, the โ€œboomโ€ and โ€œcooling inflationโ€ we talked about are still valid.

โณ Whatโ€™s Next?

The Second Estimate for GDP will be released at the end of August

Thatโ€™s when adjustments might happen โ€” and could shake both the Fedโ€™s decision and the markets

โ“ Question: If thereโ€™s a revision, do you think GDP will go up or down?

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#Markets #EconomyUpdate #Crypto

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