CADIZ TRADERS THREAD

[US Q3 GDP revision +4.1%] and core PCE deflator now +1.4%. Real growth
is now 0.2 pt less than in the prior estimate, and the dip reflects
downward revision in durables spending on autos. There also are higher
services exports. Overall price index is now +4.2%, up 0.2 pt, due to
upward rev to prices for 1-family homes under construction. Still shows
a strong economy; but Q4 results probably depend on Christmas shopping.
[GDP Components: Q2 Final Q3 Adv.(est1) Q3 Prel.(est2) Q3 Final]
Real GDP +3.3% +3.8% +4.3% +4.1%
Final Sales +5.6% +4.4% +4.7% +4.6%
PCE +3.4% +3.9% +4.2% +4.1%
Nonres. Invest +8.8% +6.2% +8.8% +8.5%
Net Exports add 1.11 add 0.08 cut 0.25 cut 0.12
Chg Pvt Inventy cut 2.14 cut 0.55 cut 0.44 cut 0.43