Trump’s latest Truth Social post is essentially a political victory lap built around one strong GDP print, not a neutral economic analysis.

He highlights Q3 real GDP growth of 4.3% versus a consensus forecast of about 3.2%, then claims that “60 out of 61” economists were wrong while he and “a few geniuses” were right, crediting his tax cuts and tariff policies for the outperformance. In reality, a single quarter of above-trend growth can be driven by many factors—consumer spending, government outlays, inventory swings, and net exports—and cannot be cleanly attributed to any one administration’s policies.

He also frames robust consumption, improved net exports, a narrower trade deficit, and “no inflation” as proof that his “great tax bill” and tariffs have created an economic “golden age.” In practice, tariffs usually raise import costs for firms and consumers, and the U.S. is still in a moderate inflation environment; changes in the trade balance also reflect global demand, currency moves, and commodity prices, not just tariff design.

For investors, the key takeaway is that this kind of messaging is more campaign narrative than macro research. It is useful as a signal of political positioning and policy rhetoric, but portfolio decisions should still be based on broader data trends—growth across several quarters, inflation and real wage dynamics, fiscal deficits, and interest-rate paths—rather than a single quarter of GDP or a politician’s self‑assessment.$BTC