Treasury Secretary Bessent just dropped some optimistic numbers for the U.S. economy. He's calling for 3% GDP growth by year-end, which is pretty bullish considering where we've been. Even more interesting? He's betting on a "very strong" holiday shopping season ahead.
This kind of economic outlook usually ripples through financial markets. Strong GDP growth tends to influence Fed policy decisions, which then impacts everything from equities to crypto. Worth watching how this plays out in Q4, especially with consumer spending as the main driver.
Anyone else tracking these macro signals for their portfolio moves?
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AltcoinHunter
· 12-07 20:52
3% growth? Sounds good, but it feels like a bear's last words... By the way, can the holiday season really save the economy? I bet my altcoins it can't.
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TokenRationEater
· 12-07 20:52
3% of GDP sounds good, but can holiday spending really support that... Feels a bit too optimistic.
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MerkleMaid
· 12-07 20:52
A 3% increase sounds good, but can holiday shopping really hold up? Aren't consumers tightening their belts right now?
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AirdropHunterZhang
· 12-07 20:47
3% growth? Sounds good, but I just want to know if this is the same old rhetoric before another rug pull... I heard too many "strong" expectations last year, but everyone who went all in ended up with nothing.
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JustHereForMemes
· 12-07 20:39
3% GDP growth? Damn, if that really happens, I’ve got to buy the dip.
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ChainMaskedRider
· 12-07 20:23
3% GDP sounds good, but has it really been achieved? Can holiday season spending really hold up... Feels like just paper data again.
Treasury Secretary Bessent just dropped some optimistic numbers for the U.S. economy. He's calling for 3% GDP growth by year-end, which is pretty bullish considering where we've been. Even more interesting? He's betting on a "very strong" holiday shopping season ahead.
This kind of economic outlook usually ripples through financial markets. Strong GDP growth tends to influence Fed policy decisions, which then impacts everything from equities to crypto. Worth watching how this plays out in Q4, especially with consumer spending as the main driver.
Anyone else tracking these macro signals for their portfolio moves?