From Merrill Lynch: Weak inventories data edged down 3Q GDP tracking by a tenth to 1.5% qoq saar. [Oct 18 estimate]emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 1.9% for 2019:Q3 and 1.1% for 2019:Q4. [Oct 18 estimate] And from the Altanta Fed: GDPNow The GDPNow model […]
source https://thebtrader.com/2019/10/18/q3-gdp-forecasts-under-2/?utm_source=rss&utm_medium=rss&utm_campaign=q3-gdp-forecasts-under-2
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