EPISODE · May 14, 2022 · 24 MIN
Episode 14: What's the Hidden Story of -1.4% Growth in Advanced GDP?
from KP Talks Dollars and Sense · host Kevin Peranio
Advanced GDP has a lot to do with inventory and trade. It was anticipated to be 1% growth and it came in at -1.4%.So no one is saying that the final Q1 GDP will be negative. That doesn't mean that it won't.Inflation is still high and persistent so the term stagflation is one where you've got stagnant growth. Not necessarily recessionary growth but just maybe flat. 1% growth is still growth.Mr. Wonderful, Kevin O'Leary from Shark Tank is calling blockchain technology the 12th sector of the S&P.Some of us are seeing Bitcoin and Ethereum prices go down by 48% from its peak but there are hundreds of millions of dollars being invested in projects to make blockchain better.There are 1.9 job openings for every unemployed person. 6 million unemployed people, 11.55 million jobs open. So the economy and the labor market are tight.Stay up-to-date on all the latest news, updates, and exclusive content by following us on all of our social media accounts! https://linktr.ee/kptalksdollarsandsense#KPTalks
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Advanced GDP has a lot to do with inventory and trade. It was anticipated to be 1% growth and it came in at -1.4%. So no one is saying that the final Q1 GDP will be negative. That doesn't mean that it won't. Inflation is still high and persistent so the term stagflation is one where you've got stagnant growth. Not necessarily recessionary growth but just maybe flat. 1% growth is still growth. Mr. Wonderful, Kevin O'Leary from Shark Tank is calling blockchain technology the 12th sector of t...
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Episode 14: What's the Hidden Story of -1.4% Growth in Advanced GDP?
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