Part 4/9:

Transitioning to a detailed analysis of recent U.S. economic performance, Mark began by noting the strong gains in stock markets during 2024, particularly for the S&P 500 and NASDAQ. However, he called into question government-reported GDP growth rates, suggesting they do not accurately reflect the realities faced by most households. He emphasized the importance of adjusting these figures for inflation, highlighting that many within the population have not experienced actual growth in purchasing power.