M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
While the impact of the US growth data will be reduced by what happens earlier in the week, it's important to note consensus expectations: +32% GDP Q3, leaving the overall level almost 4% below pre-Covid peak; and Consumption remaining the main driver (+39%), with investment +17%). #economy #economy #markets #markets #recession #economics #volatility #gdp #growth #investment #consumption
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