Shocking Implications from Viral GDP Report

For those in the Soft Landing USA camp, there was everything in today's Q4 2023 GDP report. Growth rate, consumers, an even more solid dose of disinflation. Near perfect Goldilocks. So why wasn't it taken that way in the market? Some answers from Europe. Eurodollar University's Money & Macro AnalysisBloomberg Lagarde Says It’s Likely ECB Will Cut Rates in Summerhttps://www.bloomberg.com/news/articles/2024-01-17/davos-2024-lagarde-says-agressive-rate-cut-bets-don-t-help-ecbECB Monetary Policy Statementhttps://www.ecb.europa.eu/press/pressconf/2024/html/ecb.is240125~db0f145c32.en.htmlBloomberg  Lagarde’s Talk of Summer ECB Cut Sees Traders Bet on Aprilhttps://www.bloomberg.com/news/articles/2024-01-25/ecb-s-lagarde-stands-by-comments-on-likely-summer-rate-cuthttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU