Rafael Nam
👤 SpeakerAppearances Over Time
Podcast Appearances
For a long time, there's been a difference between how Americans feel about the economy and what the data actually show.
A long period of high prices and uncertainty about the labor market
has left many households feeling a little skittish about their future.
The data, though, largely have shown the U.S.
economy is expanding at a very solid pace, growing more than 4% in the summer and early fall.
On Friday, we'll get the latest GDP report, this one covering from October to December.
That's going to give investors a good report card on the economy, including on consumer spending and the impact of tariffs.
Another important clue will come on Thursday when Walmart will report earnings, giving us another good view of consumer spending.
For a long time, there's been a difference between how Americans feel about the economy and what the data actually show.
A long period of high prices and uncertainty about the labor market has left many households feeling a little skittish about their future.
The data, though, largely have shown the U.S.
economy is expanding at a very solid pace, growing more than 4 percent in the summer and early fall.
On Friday, we'll get the latest GDP report, this one covering from October to December.
That's going to give investors a good report card on the economy, including on consumer spending and the impact of tariffs.
Another important clue will come on Thursday, when Walmart will report earnings, giving us another good view of consumer spending.
At one point this week, Bitcoin hit around $60,000, or about half of its all-time high last year.
That fall came after a month of decline.
The reason is that Trump's crypto promises led to big speculation.