Today’s economic numbers:
— Q2 GDP revised up to 2.2% (was 1.5%).
— Core PCE 3.0% vs 3.3% expected.
— ADP private jobs +90k vs ~68k expected.
Growth beat. Inflation cooled. Jobs better than expected.
The Trump economy is strong.
— Q2 GDP revised up to 2.2% (was 1.5%).
— Core PCE 3.0% vs 3.3% expected.
— ADP private jobs +90k vs ~68k expected.
Growth beat. Inflation cooled. Jobs better than expected.
The Trump economy is strong.