The Atlantas FED GDP indicator GDPNow was recently adjusted to -1.5% (#899962). Now it got revised even further down to -2.8%.
Mind you, this is a change of almost 7% down from almost 4% growth to almost 3% reduction within a month!
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Whoopsie, the consensus view was only off by 5 percentage points.
#trusttheexperts #followthescience
Also for fun, lets predict the global temperature 20 years out and destroy our factories in case the models look scary......
you sound like a science denieredit: use sarcasm font in case it wasn't clear
better safe than sorry
The Fed is desperate for an excuse to turn the money printer back on.
THAT GRAPH 🤣🤣🤣
https://xcancel.com/AtlantaFed/status/1896598929564725716