GDP Number Is Freaking Anemic
Published on March 16, 2026.
In this episode of Tony Katz Today, economist Dr. Matt Will discusses the latest economic news and trends with Dr. Will, discussing the recent GDP revision, which showed a decline of 0.7% in the fourth quarter. The government shutdown was a major contributor to this decline, with Will explaining that government spending can expand the GDP and government contraction can reduce it. He also mentioned the impact of the Strait of Hormuz situation, suggesting that the US could put boots on the ground in Iran to control the strait. Will believes that AI investment is not overblown and that it's a foregone conclusion that it will continue to grow.
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