BREAKING: The final reading of US Q4 2023 GDP comes in at 3.4%, above expectations of 3.2%.

This officially marks 6 consecutive quarters of positive GDP growth.

We have not had 2 consecutive quarters with declining GDP since Q2 2022.

Is the Fed on track for a soft landing?

— The Kobeissi Letter (@KobeissiLetter) March 28, 2024