Nice chart from Bloomberg. Chile’s almost there, baby! h/t CK
The U.S. may be.
If Q1 GDP grew at an annualized compounded rate of 10.2 percent (2.45 percent q/q), the U.S. economy will back to its pre-COVID end of quarter high of $19.254 tillion set in Q4 2019. The U.S. economy probally peaked in mid-February.
The Atlanta Fed’s GDPNow forecast has Q1 GDP growing at 6.2 percent (CAAG). Stay tuned.