"We estimate that the Treasury will need to borrow $1.5 trillion over the current and the next quarter, after having already borrowed $1.0 trillion in the last quarter" – DB
— zerohedge (@zerohedge) October 30, 2023
GDP is a backward looking indicator, but this 4.9% real GDP print is what out of control fiscal spending has accomplished!
US GDP Q/Q 4.9% (est 4.5%, prior 2.1%)
US GDP Price Index 3.5% (est 2.7%, prior 2.7%)
US Durable Goods 4.7% (est 1.8%, prior 0.1%)
Source: Schwab pic.twitter.com/ieyyXzVPYg
— Special Situations 🌐 Research Newsletter (Jay) (@SpecialSitsNews) October 26, 2023
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