The Compound and Friends cover image

How Neil Dutta Predicted "No Landing"

The Compound and Friends

NOTE

Focus on Private Domestic Demand in GDP Analysis

Companies stock up on inventories to reinvest due to unsustainable drawdowns. GDP tends to get revised multiple times, with inventories and trade being the most subject to revision due to lagging source data. For more reliable insight, look at GDP net of inventories, trade, and government, particularly focusing on private domestic demand. This component is a better indicator of where things are going compared to the overall GDP number, which bears tend to dismiss as outdated.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner