Atlanta Fed GDP now sitting at 0%... recession possibly starting?

[Gator Fever]

https://www.atlantafed.org/-/media/Documents/cqer/researchcq/gdpnow/RealGDPTrackingSlides.pdf#:~:text=GDPNow%20is%20not%20an%20official%20forecast%20of%20the,solely%20on%20the%20mathematical%20results%20of%20the%20model.

If it did go negative this quarter I wonder if there would be enough things getting going again since the Covid hysteria is wearing off to make the 2nd quarter positive.

 

[greyghost14]

 

[ghost_of_ukalum1988]

I thought the Fed had practically committed to a 0.25% interest rate hike, backing down from a potential 0.5% increase. Hope we don't go through a recession....

 

[instaGATOR]

Our Time???

Is she talking about herself and the Rats that she has in her pockets???

 

[greyghost14]

Our Time???

Is she talking about herself and the Rats that she has in her pockets???

If you consider her cheeks pockets and those Rats acorns, then yes.

 

[jfegaly]

I thought the Fed had practically committed to a 0.25% interest rate hike, backing down from a potential 0.5% increase. Hope we don't go through a recession....

It’s going to be necessary. If you ask me, it’s already starting. Why? Because these prices cannot continue. I bought an appliance in January, it is March, and that same equipment has doubled.

Its nuts.

 

[Orangeclad]

And Biden still wants to spend trillions more. But I understand from someone on this board that one of Biden's strong points compared to Trump is common sense. Yea, it really shows, doesn't it.

 

[GhostOfMatchesMalone]

0% GDP in a 'great' economy?

This is why you don't get economic advice from @CFAGator

 

[Sunburnt Indian]

0% GDP in a 'great' economy?

This is why you don't get economic advice from @CFAGator

Or BSC. NavigatorII has made efforts in teaching economics 101 to the board's slow. As with the rest of us, getting through to the board's slowest is completely beyond NavigatorII's reach.

 

[GhostOfMatchesMalone]

If the GDP goes negative it would mean both obama and Hiden saw negative GDP during their terms*.

Change you can believe in?

 

[greyghost14]

Or BSC. NavigatorII has made efforts in teaching economics 101 to the board's slow. As with the rest of us, getting through to the board's slowest is completely beyond NavigatorII's reach.

 

[Gator Fever]

It moved to .5 % growth now. A lot of indicators that caught most recessions in the past have the recession starting in either Q3 or Q4 but its hard to say how all the Russian sanctions on the west will start affecting this number soon.

 

[jfegaly]

IMO. It has already started. Prices are outpacing wages. Have been for quite a while. Folks are living off of saving. The big crash is coming soon to the movie.

 

[NavigatorII]

0% GDP in a 'great' economy?

This is why you don't get economic advice from @CFAGator

 

[NavigatorII]

IMO. It has already started. Prices are outpacing wages. Have been for quite a while. Folks are living off of saving. The big crash is coming soon to the movie.

There are still some people living off Brandon's .Gov cheese. I would dare say that's just about tapped out. That's why Brandon, Schumer, and Pelosi were so desperate to pass Build Back Broke along with fortifying fraudulent elections. We dodged a bullet!!! Thank goodness Putin cured Covid. 😍

 

[nail1988]

There are still some people living off Brandon's .Gov cheese. I would dare say that's just about tapped out. That's why Brandon, Schumer, and Pelosi were so desperate to pass Build Back Broke along with fortifying fraudulent elections. We dodged a bullet!!! Thank goodness Putin cured Covid. 😍

RAT PRESIDENT SLOGANS

FDR ~ The Raw Deal

LBJ ~ The worst society

BO~ Hope and NO $Change

Brandon ~ Build back broke