US Q3 GDP grew by 4.3%, exceeding expectations and marking the fastest growth rate in two years. This data is genuinely impressive.
The core PCE at 2.9% appears slightly high but remains within controllable limits.
From a retail investor's perspective, this indicates active economic conditions where consumption and investment remain robust. The likelihood of a Fed rate cut in the short term has diminished, and market sentiment may lean toward caution and rationality.
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