The US GDP suddenly exploded! 4.3%! Far exceeding everyone's expectations, Wall Street is dumbfounded!
What happened to the recession? What happened to the interest rate cuts? The third quarter's actual GDP annualized quarterly rate preliminary value jumped directly to 4.3%, with expectations at only 3.3% and the previous value at 3.8%. This economy is not a 'soft landing', it’s simply 'taking off with the gas pedal pressed'!
What does this mean?
1. Dream of interest rate cuts shattered: With such a hot economy, can inflation still be controlled? The Federal Reserve has more reason to maintain 'Higher for longer'. The expectations for rapid interest rate cuts next year may cool down significantly.
2. Dollar supremacy: With a strong economy, the US dollar index is likely to continue to remain strong. For cryptocurrencies, which are priced in dollars, there is short-term pressure, but in the long term, funds will always seek an outlet.
3. Market division: The stock market may rejoice, while the bond market will definitely have headaches. For the crypto space, liquidity expectations have been doused with cold water, but the real crypto narrative never solely looks at short-term interest rates. Assets like DeFi and RWA that yield real returns may stand out in a traditional high-interest environment. #宏观经济学
Now everyone has to rethink the script: The US economy is not as fragile as imagined. Are your positions ready? Let’s chat in the comments section: Do you think this wave of 'economic strong medicine' will keep Bitcoin oscillating, or can it break out into an independent trend? #GDP #FederalReserve #宏观经济 【Welcome everyone to join Musk's little puppies PUPPIES】
