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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!
Whoopsie, the consensus view was only off by 5 percentage points.
#trusttheexperts #followthescience
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81 sats \ 2 replies \ @freetx 6h
Also for fun, lets predict the global temperature 20 years out and destroy our factories in case the models look scary......
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you sound like a science denier
edit: use sarcasm font in case it wasn't clear
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better safe than sorry
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THAT GRAPH 🤣🤣🤣
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The Fed is desperate for an excuse to turn the money printer back on.
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