Q2 2018 US GDP final data 27 September 2018
- Prior 4.2%
- Q1 2.2%
- Consumer spending 3.8% vs 3.8% prior
- PCE 2.0% vs 1.9% exp. Prior 1.95
- Core PCE 2.1% vs 2.0% exp. Prior 2.0%
- Deflator 3.3% vs 3.05 exp. Prior 3.2%
- Corp profits 2.1% vs 2.4% prior
Pretty much inline with expectations and the prior, although a touch higher on the price components. There might be some USD buying on mild relief that GDP held up and didn’t drop but Durable’s is getting the main headlines.
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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