Thanks for

joining us today. I'm Julie Morgan host of Wall Street Breakfast,

Seeking Alpha's Daily flagship podcast.

This is our weekly show all about the catalyst for the upcoming week.

I'm joined by Kim Khan.

He's the senior executive editor at Seeking Alpha

and the host of our new afternoon show,

Wall Street Lunch.

Kim, when we think about next week's big catalyst, it would be Q3 GDP.

Yep, we get the first look of third quarter GDP and economists like to remind us that there were revisions coming all the way for the next couple of months,

but this is what the market is really going to trade on and the consensus estimate right now is for

Q3 economic growth to come in an annual rate of 4%, which is much stronger than the 2.1% that we saw in Q2 and

shows an economy humming along nicely. There's always going to be a lot of caveats as they are in

GDP numbers of what's impacting it, whether it's inventories. We know that consumer spending

is held up very well, so that's helping a lot.

So there'll be a lot to parse in the numbers, but from the market fed perspective,

it's going to be again, if there is something higher than 4%,

that's going to be a clear sign that the Fed can, you know, maybe have an open

door to hike at the end of the year if it wanted to and certainly to keep rates at the current levels

for a long time going through to next year.

You know, if it's a little more on the anemic side, we may see some moving in the bond market

of these long-term yields coming off multi-year highs.

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