U.S. Economy Will Decelerate Going Into 4Q: Barclays' Gapen

The video discusses the deceleration in economic growth as indicated by recent data, particularly in retail sales. It highlights the challenges posed by the lack of fiscal stimulus and the shift from goods to services, which are affected by COVID-19. The expected growth rate for Q4 is significantly lower than Q3, due to these factors.

What is the expected growth rate for Q4 according to the speaker?

What role does fiscal stimulus play in the current economic situation?