🔮You Heard It Here First: Hot GDP Print in Q2🔥 Q2 GDP came in at 3% on the first read. This was significantly higher than the ~2% estimate by economists. (via FactSet) @chamath on May 31st: "What you're probably going to see in Q2 is a really hot GDP print." "If I'm a betting man, which I am, I think the GDP print's gonna come in above three." "Not quite four, but above three." @chamath on June 13th: " I said a couple weeks ago that I thought the GDP print was going to come in hot." "I think everybody now is sort of where I am." "I think it's gonna be in the low to mid threes." "It's going to be meaningfully greater than what people are expecting."
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