WH economic advisor Kevin Hassett Hassett:
- GDP is a great Christmas present for the American people
- Trump trade agenda is working
- AI boom is being seen in the data
- Regardless of job AI is impacting their job.
- Will see employment change back in the 100K -150K range if GDP stays in a 4% range
- Consumer sentiment is uncorrelated with the hard economic data.
Hassett is still one of the favorites for the Fed chair position
This article was written by Greg Michalowski at investinglive.com.