From Merrill Lynch On balance retail sales cut our 4Q GDP tracking by 0.2pp to 2.0% qoq saar. [Jan 17 estimate]emphasis added From the NY Fed Nowcasting Report The New York Fed Staff Nowcast stands at 1.2% for 2019:Q4 and 1.7% for 2020:Q1. [Jan 17 estimate] And from the Altanta Fed: GDPNow The GDPNow model […]
source https://thebtrader.com/2020/01/17/q4-gdp-forecasts-1-2-to-2-0/?utm_source=rss&utm_medium=rss&utm_campaign=q4-gdp-forecasts-1-2-to-2-0
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