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Santelli on First Quarter GDP: ‘Holy Cow! Better Than Expected’

Posted on 27 April 2018

<p>On-air editor Rick Santelli announced the first quarter gross domestic product (GDP) estimate for CNBC’s <em>Squawk Box</em> on April 27. “Holy cow! Better than expected up 2.3 percent. You know many were thinking, and there’s a lot of reasons to believe so, that it would be a bit under the 2 percent. So 2.3 of course, as follows 2.9 last quarter,” Santelli said.</p>