As you know, it's not the first time we talk about the Youtube channel Bloomberg Markets and Finance on Croblanc, and each time it always captivates you so much! At the same time, we understand you, the contents that we find there are simply unique. That's why we decided to make a post about it, because we are sure you will enjoy this new video.
Not to hide anything, when we saw that the Youtube channel Bloomberg Markets and Finance had published a new video called The Alternate Economic Narrative of Nominal GDP, we did not hesitate one second to share it with you so that you can discover it!
The video is doing a very good start since it was uploaded on the Youtube channel of Bloomberg Markets and Finance and it could well end up in trend if the scores remain at these levels. However, we should not get too excited and wait a few days to see if this good start is confirmed with a buzz on the duration.
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For your information, you can find below the description of the video The Alternate Economic Narrative of Nominal GDP published by the Youtube channel Bloomberg Markets and Finance:
The US economy has now experienced two complete quarters of negative growth in real GDP – the standard definition of a recession. Since the average length of US recessions since 1945 is 11.1 months, that same metric suggests the economy is already half-way through the downturn. That’s the story real GDP data tells investors – but what about the alternate (and divergent) narrative offered by nominal GDP data? Presented by @CME Group: https://www.cmegroup.com/openmarkets/economics.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights