According to The Kobeissi Letter, the Federal Reserve has introduced a new GDP metric that adjusts for physical gold imports due to their significant impact. The GDPNow tool reveals a Q1 2025 GDP contraction of -2.2% when accounting for gold, compared to -0.1% excluding it. This surge in gold buying aligns with recessionary trends, indicating potential trading opportunities for investors focusing on gold markets. As gold imports influence GDP significantly, traders should consider these dynamics when strategizing.

According to The Kobeissi Letter, the Federal Reserve has introduced a new GDPNow metric that accounts for the substantial imports of physical gold. This adjustment predicts a Q1 2025 GDP contraction of -2.2% when including gold imports, and a minimal contraction of -0.1% when excluding them. This surge in gold buying aligns with recession-level activity, marking a significant shift in economic trends.

According to The Kobeissi Letter, the US Consumer Confidence Index fell by 7.2 points in March to 92.9, nearing its lowest since February 2021. This marks the fourth consecutive monthly decline, the longest such streak since the 2008 Financial Crisis, indicating potential economic challenges that could impact trading strategies and market sentiment.