Last updated Nov 29, 2025
Prediction
Chamath
economymarkets
The upcoming U.S. GDP print (the next quarterly release they are discussing, implied Q2 2025) will come in in the low-to-mid 3% annualized growth range (roughly 3.0–3.5%), and will be meaningfully above the then-current market/consensus expectations.
I was noticing was that we were going to come in, I said in the low threes. And I think if Atlanta Fed is right, I don't think they are. But I think it's going to be in the low to mid threes. It's going to be meaningfully greater than what people are expecting.View on YouTube
Explanation

Chamath was talking about the next GDP release for the current quarter they were discussing, i.e., the Q2 2025 advance estimate. In the episode he says he expects growth to come in “in the low threes” and possibly “low to mid threes” and that it will be “meaningfully greater than what people are expecting.”(podscripts.co)

The BEA’s official advance estimate for Q2 2025 real GDP, released July 30, 2025, showed 3.0% annualized growth, which fits squarely in his “low 3s” range.(bea.gov) Market/consensus expectations going into that release were around 2.4%, so the actual 3.0% print was indeed meaningfully above expectations, as contemporaneous reporting noted it “beat expectations of a 2.4% rise.”(tradingeconomics.com)

Later revisions moved Q2 growth up to 3.3% (second estimate) and 3.8% (third estimate), but those ex‑post revisions don’t contradict his core call that the upcoming print would be in the low‑to‑mid 3% range and above consensus; if anything, they reinforce that growth was strong.(legistorm.com) Given the advance estimate outcome and the expectation backdrop, this prediction is best classified as right.