Whats with the market ? Flat. It was predicted it was going to soar.
GDP is a lagging indicator
Moreover, as a lagging indicator, some question the true value of the GDP metric. After all, it simply tells us what has already happened, not what is going to happen. Nonetheless, GDP is a key determinant as to whether or not the United States is entering a recession.
https://www.moneycrashers.com/leading-lagging-economic-indicators/
I'm somewhat stunned today the market isn't rocketing up .... I don't think 4.1% GDP was baked in to current market value, then again I'm no expert and I could be wrong.
The market may have already factored in 4% growth.