đš BIG WARNING: US ECONOMY IS IN DEEP TROUBLE RIGHT NOW.
US Q4 GDP just came in, and itâs way worse than expected.
US Q4 GDP was expected at 3% while it came in at 1.4%, the 2nd worst print in 2 years.
This is a clear sign that the US economy is struggling, and Iâve been telling you about this for a while.
But hereâs something that makes this even worse.
Both the PCE Price Index and the Core PCE Price Index came in higher than expected, which means prices of goods and services in the US are going up.
So while the economy is struggling and people are losing jobs, they have to pay more for their stuff.
And hereâs why this is horrible:
If the Fed does easing here, inflation will spike.
If the Fed remains hawkish, the economy will suffer more.
And if the Fed does nothing, both consumers and markets will suffer.
