Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy

Today on the Brief:

• FTX launches equities trading 
• Avanti gets Wyoming bank charter
• France locks down and ECB intimates new stimulus

Our main discussion: GDP growth report 

The Department of Commerce released its Q3 GDP numbers. Touted as record growth, this is actually a much more complicated story. In this episode, NLW breaks down what the numbers tell us and what they don’t, and why we should be more focused on understanding long-term consumer behavior shifts than short-term numbers.