Video transcript
>> We are looking right now at the GDP number at 4.3% is the actual number versus an estimate of 3.3%, Mark Tepper, your reaction. >> So last week we talked about inflation coming in lower than expected. Now economic growth is one full percentage point faster than expected. It was supposed to come in at 3.3, came in at 4.3. This is a direct result of everything President Trump has put in place. Net exports are on the rise because of Trump's tariff policy, which is leveling the trade playing field, AI's increasing productivity, businesses are investing and spending, and the consumer remains strong and just think next, I think, well, next quarter, they'll end up getting an extra $150 billion in refund checks that they can then deploy and spend as well. So great number. >> Great number, 4.3%. And I've got to say, when I see a GDP of 4.3%, I have to believe 5% is not far away and that of course is what Louis Navalier told us last week, Mark, that we're gonna see a 5% GDP handle in the first half of the year. >> He looks like Nostradamus right now. I mean, he almost predicted that on the head. Obviously 5% is well within our reach, especially given the consumer tailwinds I just mentioned.
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