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In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.
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Tag Archives: GDP Now
Cue The Economic Recovery
Summary The Russell 2000’s relative performance is now sniffing out the economic recovery, which will be reflected in a record Q3 GDP print, a bounce from the record first-half economic collapse It is not unreasonable that we will see a … Continue reading
GDP Now Q2 Estimate At -34.90 Percent, So What Now?
Summary The Atlanta Fed’s GDP Now is estimating a -34.9 percent Q2 GDP print, which is 3.5x the largest quarterly decline in the post-WWII economy If realized, the 11.3 percent non annualized first-half GDP collapse in 2020 will approach the … Continue reading
GDP Now Takes Q4 Forecast Down To 0.3 Percent From 1.0 Percent
The Atlanta Fed’s GDPNow dropped its forecast of Q4 growth to just 0.3% from 1.0 percent. The New York Fed’s GDP Nowcast is showing a gain of 0.4%. Today’s two economic releases indicating lackluster retail sales, consumers purchases of big-ticket … Continue reading