Atlanta Fed Sees GDP Rocketing to 5.4% in First Quarter

LOL, like i said earlier, the Atlanta fed has been notoriously inaccurate so im not holding my breath on this one, but it would be incredibly funny if it did happen.

If i had to guess though i think it comes in over 4%........ youd have to give me odds on that but bookmark it and look back, i think we come in over 4, theres going to be added growth in 2 of the biggest states in the country after the hurricanes plus the carryover from a strong christmas season plus tax cuts...... Id be surprised if this quarter isnt over 4%.

 

Can you imagine a 5% print? And the Fed still has "emergency measures" in place and is concerned about the pace of hiking? What a bunch of clowns.

 

That didn't take long...

"The Atlanta Fed GDPNow estimate for 1Q GDP has fallen to 4.0% from 5.4% at the last reading"

http://www.forexlive.com/news/!/atlanta-fed-gdpnow-comes-back-down-toward-reality-20180206

 

Down goes Frazier...


"Atlanta Fed GDPNow Q1 forecast lowered to 3.2% from 4.0%"

http://www.forexlive.com/news/!/atlanta-fed-gdpnow-q1-forecast-lowered-to-32-from-40-20180214

 

Republicans hate prosperity.

 

"JP Morgan slashes GDP estimate to 2.5% after 'hotter than Hades' inflation report"

• The bank's chief U.S. economist says the Labor Department's "scorching" core consumer price index means an emboldened Federal Reserve.
• "While it is still early going, we are taking down our outlook for first-quarter gross domestic product from 3.0 percent to 2.5 percent," economist Michael Feroli says.
• The economist says core CPI posted a 0.349 percent monthly gain, its largest month-over-month rise since 2005.

https://www.cnbc.com/2018/02/14/jp-morgan-lowers-gdp-estimate.html

 

This is the story a lot of people are in denial of but it won’t be funny when that inflation hits, then takes off.

 

Then why didn't you say that in your post instead of posting irrelevant deflection about Reagan and Obama?

 

That was the quickest end to a Breitbart circlejerk on this forum! The second best is when these nimrods posted a fake paper calling it peer reviewed.

Left this left that. Hahahahha. How is the unleashing now?

 

Google search must have hacked the Atlanta Fed Number to make Breitbart look bad.