« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

GDPNow Forecast Surges to 4.7%: Spread to Nowcast an Amazing 2.7 Percentage Pts 

By: capt_nemo in POPE 5 | Recommend this post (3)
Tue, 04 Sep 18 10:53 PM | 41 view(s)
Boardmark this board | Pope 5
Msg. 07195 of 62138
Jump:
Jump to board:
Jump to msg. #

The inventory contribution to GDP in the GDPNow model is 2.1% That exceeds the entire estimate of Nowcast.

The spread is a whopping 2.7 percentage points, the largest in history.

At least one of these models is seriously wrong.

Mike "Mish" Shedlock


http://moneymaven.io/mishtalk/economics/gdpnow-forecast-surges-to-4-7-spread-to-nowcast-an-amazing-2-7-percentage-pts-fmVMDTDOvkO-EWrd6Zwclw/




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« POPE 5 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next