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Old 03-04-2025, 07:48 PM
Chicks Chicks is offline
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Atlanta Fed shock sounds 'Trumpcession' warning
https://www.reuters.com/markets/euro...er-2025-03-03/

Quote:
...the Atlanta Fed's GDPNow real-time estimates are historically the most reliable of these models, and the negative figures didn't come out of nowhere. A lot of soft economic indicators, like sentiment surveys, have been extremely weak in recent weeks, and some hard economic activity indicators are flashing red too.

Consumer sentiment in January slumped the most in three and a half years, retail sales dropped by the most in nearly two years, real spending fell at the fastest rate since early 2021, and retail giant Walmart has warned of a tough year ahead. It's perhaps no surprise that Citi's U.S. economic surprises index has slid into negative territory, hitting the lowest point since September.
MAGA!!!!!
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