4.4 • 15.6K Ratings
🗓️ 24 December 2025
⏱️ 51 minutes
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| 0:00.0 | We are looking right now at the GDP number at 4.3% is the actual number versus an estimate of 3.3%. |
| 0:06.4 | Mark Keper, your reaction. |
| 0:08.4 | So last week we talked about inflation coming in lower than expected. |
| 0:11.8 | Now economic growth is one full percentage point faster than expected. |
| 0:16.6 | It was supposed to come in at 3.3, came in at 4.3. |
| 0:19.8 | This is a direct result of everything President |
| 0:22.2 | Trump has put in place. Net exports are on the rise because of Trump's tariff policy, |
| 0:28.2 | which is leveling the trade playing field. AI's increasing productivity. Businesses are |
| 0:33.1 | investing in spending and the consumer remain strong and just think next, I think, well, next quarter, |
| 0:40.1 | they'll end up getting an extra $150 billion in refund checks that they can then deploy and |
| 0:46.8 | spend as well. So, great number. Great number, 4.3%. And I've got to say, when I see a GDP of |
| 0:53.7 | 4.3%, I have to believe 5% is not far away. |
| 0:58.8 | And that, of course, is what Louis Navalier told us last week, Mark, that we're going to see a 5% GDP handle in the first half of the year. |
| 1:06.0 | He looks like Nostradamus right now. I mean, he almost predicted that on the head. Obviously, |
| 1:13.1 | 5% is well within our reach, especially given the consumer tailwinds I just mentioned. |
| 1:18.1 | Right. Well, it's really a fantastic number, and it's a great Christmas present for the |
| 1:22.1 | American people. And, you know, I would say that the headline for me is two things. |
| 1:28.5 | I think the big macro trends that we're seeing in these numbers are, first of all, that |
| 1:33.3 | President Trump's trade agenda is working. |
| 1:36.8 | And so we got about, you know, one and a half percent of the growth on 4.3 because we |
| 1:41.3 | reduce the trade deficit. |
| 1:43.9 | And then the other thing that I think, which is a big macro thing that we're seeing, is that |
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