The U.S. Bureau of Economic Analysis released the first revision of the GDP (gross domestic product) for the third quarter, which came in higher than forecast (5.2% vs. 5.0%). Reactions to this report across the CME Group futures markets was mixed. Gramza Capital Management Owner Dan Gramza joined us on this week’s “See the Futures” to discuss the current state of the economy and how the latest GDP report might affect Federal Reserve actions at the next FOMC meeting and beyond.
Additional topics discussed in this free livestream:
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Real vs. nominal GDP
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Debt to GDP ratio
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Impact of rising interest rates on GDP
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China’s impact on the copper market
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Chart analysis of copper futures
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