Why did Q2 GDP miss expectations? Is the economy slowing down? Steve Hanke on biggest anomalies

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Second quarter real GDP in the U.S. expanded at 6.5% on an annualized basis, lower than agreement quotes.

Steve Hanke, professor of Applied Business economics at Johns Hopkins University, informed David Lin, anchor for Kitco Information, that market participants are not properly factoring in inflation growth.

0:00 – Q2 GDP
10:24 – Real interest rates
14:48 – Yield curve
16:37 – Gold vs real rates of interest
20:48 – Gold view index

Comply With David Lin on Twitter: @davidlin_TV ()
Comply With Steve Hanke on Twitter: @steve_hanke ()
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