26 January 2024

The Absurdly Good Fourth Quarter of 2023 (a heck of a way to run a recession)

The 4th Quarter of 2023 was almost comically good.
(All averages are for this 21st century.)

Inflation:
target: 2%
actual: 2%
Avg: 2.6%

Job creation for quarter:
494k
Avg: 275k

Unemployment rate:
3.7%
Avg: 5.8%

NASDAQ change in 4th Q:
Up 14%
Avg: Up 2.7%

GDP Growth for 4Q 2023:
Up 3.3%
Avg: 2%

It's a heck of a way to run a recession.

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