Q1 GDP - The good, the bad, and the ugly with Lings, Schussler and Nathan
Posted on 06/09/2021
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Economists Kevin Lings and Mike Schussler in combination with 10X founder Steven Nathan give insights into the better-than-expected GDP figures which were released earlier today. Although domestic consumption was the driving factor behind this surprise, the experts say the lack of fixed capital investment, the main driver behind long-term economic growth, is concerning. Steven Nathan unpacks the parallels, or lack thereof, between the economy and the stock market. Something we've all come to realise given the largest stock market reversal in history, in the middle of a global pandemic.