GDP Comes in Hot as Investors Prepare for Higher Interest Rates

Published on
January 27th, 2022
Duration
34 minutes

Stocks Surrender Gains, Treasury Yields Rise Following FOMC Statement


GDP Comes in Hot as Investors Prepare for Higher Interest Rates

Daily Briefing ·
Featuring Thomas Thornton and Maggie Lake

Published on: January 27th, 2022 • Duration: 34 minutes

The Commerce Department reported the fastest annualized rate of U.S. gross domestic product growth since 1984 for the fourth quarter of 2021. But it’s hard to call this “Morning in America.” Investors and central bankers are still fixed on inflation and the coming tightening cycle, as other data suggest continuing supply-chain problems and omicron concerns linger. Earnings have been mixed, with Apple Inc. due to report at 5:00 p.m. ET today. Major equity indexes reflected the mixed picture, rising through midday but slipping into the red ahead of the close. Thomas Thornton, founder of Hedge Fund Telemetry, joins Real Vision’s Maggie Lake to discuss strategy and tactics against a murky backdrop. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3ABav3R

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