More on the Q3 GDP revision: The composition of the gain is a a bit weak. Real personal consumption expenditures rise just 1.4% vs. 2% in the first estimate. Real final sales +1.9% vs. 2.1%. Inventories added about three-quarters of a percentage point to the print. S&P 500 futures remain +0.6%.
More on the Q3 GDP revision: The composition of the gain is a a bit weak. Real personal...
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