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I'll update 90proof's thread for him: gdp estimate up to 3.3% for 4th quarter 2017
Posted on 1/12/18 at 2:32 pm
Posted on 1/12/18 at 2:32 pm
quote:
Latest forecast: 3.3 percent — January 12, 2018
The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.3 percent on January 12, up from 2.8 percent on January 10. The forecast of fourth-quarter real consumer spending growth increased from 3.0 percent to 3.8 percent after this morning's retail sales report from the U.S. Census Bureau and this morning's Consumer Price Index release from the U.S. Bureau of Labor Statistics.
LINK
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Posted on 1/12/18 at 2:33 pm to HailHailtoMichigan!
Really good for a 4Q.
Buy, folks. BUY BUY BUY.
Buy, folks. BUY BUY BUY.
Posted on 1/12/18 at 2:35 pm to HailHailtoMichigan!
Not tired of winning yet!
Posted on 1/12/18 at 2:35 pm to HailHailtoMichigan!
That 90proof guy literally hates anyone talking positive about the economy. Haven’t seen anything like it.
Posted on 1/12/18 at 2:35 pm to HailHailtoMichigan!
I don't understand why y'all update forecasts. Why not wait until the actual numbers are released?
Posted on 1/12/18 at 2:36 pm to BeeFense5
quote:
That 90proof guy literally hates anyone talking positive about the economy. Haven’t seen anything like it.
he was one of the ones CONVINCED if Trump won the economy would crash....
Posted on 1/12/18 at 2:37 pm to Jyrdis
quote:
I don't understand why y'all update forecasts. Why not wait until the actual numbers are released?
In terms of the market, the forecasts are just as material as the actual number. Its priced in. Efficient market, and all.
Posted on 1/12/18 at 2:38 pm to HailHailtoMichigan!
I was told that TRUMP could never get the economy to grow over 3%
Posted on 1/12/18 at 2:43 pm to BeeFense5
quote:Or maybe he’s an economist that doesn’t views it more objectively instead of based on who is in power. I mean every time a GDP QUARTERLY estimate comes out above 3%, numerous posters will say, “we haven’t had 3% growth in a decade.
That 90proof guy literally hates anyone talking positive about the economy. Haven’t seen anything like it.
Posted on 1/12/18 at 2:44 pm to truthbetold
There is a large body of economic literature very critical of the efficient market hypothesis.
Posted on 1/12/18 at 2:45 pm to buckeye_vol
We have not had a year of 3% economic growth in a decade
Posted on 1/12/18 at 3:17 pm to gthog61
quote:Are you intentionally trying to prove my point? I even capitalized it but maybe bolding it will help.
We have not had a year of 3% economic growth in a decade
quote:
Or maybe he’s an economist that doesn’t views it more objectively instead of based on who is in power. I mean every time a GDP QUARTERLY estimate comes out above 3%, numerous posters will say, “we haven’t had 3% growth in a decade.
This post was edited on 1/12/18 at 3:18 pm
Posted on 1/12/18 at 3:19 pm to gthog61
quote:
We have not had a year of 3% economic growth in a decade
We have not had an Alpha Male as President in over a decade, well until
Posted on 1/12/18 at 3:24 pm to HailHailtoMichigan!
He's just a text book economist, and probably correct.
The interesting thing would be to go back and look at the tax policy debate. There we will find out the uneducated pig farmer from Iowa had pretty good instincts, and might not have been as stupid as the LSU Graduate School of Banking experts thought.
The interesting thing would be to go back and look at the tax policy debate. There we will find out the uneducated pig farmer from Iowa had pretty good instincts, and might not have been as stupid as the LSU Graduate School of Banking experts thought.
This post was edited on 1/12/18 at 3:25 pm
Posted on 1/12/18 at 3:30 pm to buckeye_vol
quote:
Or maybe he’s an economist that doesn’t views it more objectively
Wut?
Or maybe he's just angry. Economists seem eerily like actuaries.
Posted on 1/12/18 at 3:33 pm to roadGator
Actuarial data is much more accurate generally. Free market forces guaranty this.
Posted on 1/12/18 at 4:02 pm to Iowa Golfer
I was just talking about the anger level of actuaries. They are some strange and sometimes angry folks. Staring at numbers all day could do that I guess.
Posted on 1/12/18 at 4:17 pm to buckeye_vol
I was stating a fact. We have not had a 3% year in a decade.
What about what I said is incorrect?
What about what I said is incorrect?
Posted on 2/1/18 at 3:12 pm to HailHailtoMichigan!
oh hey guys, was just wondering how this turned out
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