The U.S. third quarter real GDP annualized quarterly rate preliminary value is 4.3%, significantly higher than the second quarter's 3.8%, marking the strongest performance in over a year.
Trump quickly claimed credit on social media, attributing the strong economy to tariff policies, and boldly declared, "No inflation, national security stable."
But for the market, this feels more like a set of "data so strong it’s unsettling"—the hotter the economy, the harder it is for the Federal Reserve to pivot, and risk assets may actually face pressure in the short term. Good data doesn’t necessarily mean a friendly market.$BTC
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