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US Economy Is Hot, Hot, Hot
Today, the Atlanta Fed's GDPNow tracking model raised Q3's real GDP growth rate from 3.2%…
GDPNow
17 posts
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Larry & Ray’s Not-So Excellent Adventure in China is Over
Both Blackrock's Larry Fink and Bridgewater's Ray Dalio have been notable and vocal China bulls for…
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Fed Playing With An Economy On Fire?
Today, the Atlanta Fed's GDPNow tracking model raised Q3's real GDP growth rate to 3.0%…
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Remaining Zen About The Yen
BREAKING NEWS: Deputy BOJ Governor Uchida said that the central bank won't raise interest rates when markets are…
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Fed Put Jolts Stocks To New Record High
The S&P 500 jumped to a new record high of 5509 today on better-than-expected Tesla vehicle deliveries. In…
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The Bond Market's Lines In The Sand
Today, the stock market performed better because the bond market performed better. The 10-year US Treasury bond yield remained below…
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S&P 500: Smooth Sailing to Another 2023 High
Hooray! The US government won't default on its debts. There are plenty of jobs. Unit-labor-cost inflation is moderating.…
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Rollercoaster Ride in the Bond Market
At the start of this year, the widespread economic consensus was that a hard landing is coming. The consensus changed…
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A Bowl of Mixed Nuts
Today's batch of economic indicators was mixed, showing that the manufacturing economy remains weak, while the labor market…
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Consumers Aren't In the Mood for a Recession
The Atlanta Fed's GDPNow model estimate for real GDP growth during Q4 is 4.4% today, up from…
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No Recession In Services
Following today's release of September's nonmanufacturing purchasing managers index (NM-PMI), the Atlanta Fed's GDPNow…
