Economic Lunacy
Where’s the economy really headed?
The Christopher Scott Show Talk Radio Podcast · Christopher Scott Show
August 2, 202333m 34s
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Show Notes
According to preliminary data, the US economy grew at an annualized rate of 2.4% in Q2, exceeding analysts' estimates of 1.7% and Q1 growth of 2%. The growth was attributed to a significant increase in investments by businesses and consumer spending. Analysts say the data show resiliency in the economy amid a strong labor market, with average hourly earnings rising 4.4% year-over-year last month and as annual inflation growth continues to slow following the Federal Reserve's interest rate hikes. But this data is nonsense and I’ll explain why on the podcast.Website: www.christopherscottshow.comShow Notes: https://www.christopherscottshow.com/show-notesSubscribe: https://www.christopherscottshow.com/subscribeLEAVE A MESSAGE AND MAYBE I’LL MENTION IT ON THE SHOW! https://www.christopherscottshow.com/contact
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