🚨 EVERYTHING IS MUCH WORSE THAN EXPECTED U.S. Q4 2025 GDP came in at +1.4%. Expectations were +3.0%. Last quarter was 4.4%. GDP doesn’t drop 300 bps in one quarter unless something underneath already broke. This print reflects decisions made months ago. Meaning whatever
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🚨 EVERYTHING IS MUCH WORSE THAN EXPECTED U.S. Q4 2025 GDP came in at +1.4%. Expectations were +3.0%. Last quarter was 4.4%. GDP doesn’t drop 300 bps in one quarter unless something underneath already broke. This print reflects decisions made months ago. Meaning whatever