gdp now
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Started by bear - July 3, 2022, 12:09 a.m.

https://www.atlantafed.org/cqer/research/gdpnow

estimate is now negative 2% for the 2nd qtr .   blue chip estimate is still positive, but turning down.  

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Re: gdp now
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By metmike - July 3, 2022, 2:36 a.m.
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We're in a recession!

Who agrees with that?


Actually, a recession is inevitable

https://www.politico.com/newsletters/politico-nightly/2022/06/22/actually-a-recession-is-inevitable-00041577

Re: Re: gdp now
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By mcfarm - July 3, 2022, 7:50 a.m.
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well who agrees with that? If only Trump were still in office every lib publication in America that's who would agree and have screaming headlines every second of every day to that effect. 

By metmike - July 3, 2022, 11:14 a.m.
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mcfarm,

Your entirely political post on the trading forum is way against rules that have been crystal clear since we started the new forum 4+ years ago.

On this topic, it's inevitable that politics is interwoven with trading and markets(I pull Biden into the energy crisis constantly because its being caused by the war on fossil fuels based on politics-it can't be avoided) .

However, pure politics has always been forbidden.

We have several people that come to the Trading Forum only  to AVOID the purely political crap. 

Please respect others and our rules.

Thanks

Mike

Re: gdp now
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By bear - July 6, 2022, 5:30 p.m.
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at some point the fed estimate, and the blue chip estimate tend to come back together again.  hard to tell which one is off more?  will the fed estimate bounce back up at bit, or the blue chip come down more?