Doug and Lee highlighted how troubling it is that the federal government is often inaccurate with economic metrics, specifically questioning the reliability of GDP growth figures.
Experts argue that the reported GDP growth of 3% is misleading, suggesting it might actually be closer to 0.9%, hinting at potential recession risks.
The discussion underscores how outdated methods of calculating GDP can distort the economic picture, pushing analysts to look for more accurate indicators.
The conversation also mentioned the importance of high-quality dividend stocks as a protective measure during economic downturns, indicating a strategy to safeguard investments.
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