We got the latest report on economic growth last week and it surprised most everyone. Real GDP expanded by an annualized 3.3% in the fourth quarter, well above the consensus estimate of 2%.

Commerce Secretary Howard Lutnick stated that governments have historically "messed" with GDP calculations, and added that he plans to separate the two and make the process more transparent.

“Real GDP fell for a second consecutive quarter, but real private domestic demand has performed better, and core PCE price increases decelerated. Fed tightening, the war in Ukraine, and upcoming ...