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FBC Cavuto July 3, 2024

Points after d gdp shocked with a lower slower rate than expected, the white house responded, we will talk to the council of economic advisers Jared Bernstein. Coasttocoast starts right now. Welcome, i am Edward Lawrence in for neil cavuto from washington dc. Top story the us economy growing at a slower rate than expected in the First Quarter of the year. Investors not liking what they are seeing with all 3 indices plummeting. Lets get the read from luke lloyd and carol roth. Was the matter earnings missing or gdp estimates today the really sparked the selloff . Im going to say yes. Its a potpourri, a cornucopia of issues. When you have the magnificent seven that has been carrying the market when you get the numbers and the projections, meta, thats going to take something price to perfection and create a bit of an issue. That is third but from my perspective this hugeness gdp, almost a percentage point, at the same time we are running massive deficits, really not only underscores the i

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