Note: The NY Fed Nowcast and Atlanta Fed GDPNow models are based on released data and aren’t capturing the collapse in the economy in the 2nd half of March. All forecasts, including the Merrill Lynch and Goldman Sachs forecasts, are for the seasonally adjust annual rate (SAAR) of decline. From Merrill Lynch: We continue to […]
source https://thebtrader.com/2020/04/10/q1-gdp-forecasts-around-7-saar/?utm_source=rss&utm_medium=rss&utm_campaign=q1-gdp-forecasts-around-7-saar
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