Q3 GDP Falls to 2% // Ford Stock Surging on Earnings // Greg McBride of Bankrate.com - 10/28 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(2:08) - Q3 GDP came in at 2%, which is below expectations of 2.8% and well. below Q1 and Q2 GDP which was above 6%. The massive drop can be largely attributed to none other than supply chain issues.(13:32) - President Biden is on Capitol Hill today to try and persuade Democrats to back his spending bill. The guys discuss which potential aspects of the bill are in and which are out.(24:49) - Ford reported earnings and, behind new CEO Jim Farley, raised guidance for next year and reinstated their dividend. The stock is up over 9% on the suddenly optimistic outlook for the famous carmaker. (36:03) - Greg McBride of Bankrate.com joined the show to talk about Bankrate's study on worker pay and pay raises. What did the survey discover about wage growth?