Everyone loves GDP including the government agency which calculates it. Even so, GDI has been a more useful signal for cyclical changes, particularly peaks.
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Everyone loves GDP including the government agency which calculates it. Even so, GDI has been a more useful signal for cyclical changes, particularly peaks. Last week's GDP update included the first look at current GDI estimates. These don't leave any room for interpretation or imagination.
Video Length: 00:18:42
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