GDP ,4.2% Really ?
2 responses | 0 likes
Started by 7475 - July 27, 2018, 7:40 a.m.

I feel, for no other reason than my gut is hinting at it,that GDP will miss slightly the predicted 4.2%.

Im curious how others "feel" because that may reveal a more accurate picture of how the economy ,in reality,is treating the citizens.

Of course, on here, we are dealing with a" special" type of citizenry.

John

Comments
By TimNew - July 27, 2018, 8:28 a.m.
Like Reply

Latest Atl Fed pre-estimate is 3.8 based on the weaker than expected New Home Sales and Durable Goods yesterday.


I think the economy is moving in the right direction based on earning, spending,  etc.    We'll know that actual 1st estimate in a few minutes.

By TimNew - July 27, 2018, 8:38 a.m.
Like Reply

Actual is 4.1%   Respectable to say the least.  Be interesting to see what the equities do in response.