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Unhedged — A massive GDP number
Buzzing ratingBUZZING· 81%13m·2023-10-26·Money

A massive GDP number

Unhedged

In the third quarter, the US economy, as measured by annualised GDP, grew 4.9%. In an environment of skyrocketing interest rates, that is an extraordinary number. And it’s being powered by an extraordinary force: the American consumer. Today on the show we try to understand why they have remained so resilient, and if…

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