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ATL Fed Q4 forecast now at 1.5% - from 2.7%

Posted on 2/14/19 at 3:22 pm
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 2/14/19 at 3:22 pm
Damn

LINK
This post was edited on 2/14/19 at 3:23 pm
Posted by BeeFense5
Kenner
Member since Jul 2010
41291 posts
Posted on 2/14/19 at 3:23 pm to
90proof just went from 6 to midnight
Posted by Thib-a-doe Tiger
Member since Nov 2012
35346 posts
Posted on 2/14/19 at 3:23 pm to
For an annual average of?
Posted by zeebo
Hammond
Member since Jan 2008
5193 posts
Posted on 2/14/19 at 3:24 pm to
Forecast is like a poll.
Posted by Thib-a-doe Tiger
Member since Nov 2012
35346 posts
Posted on 2/14/19 at 3:27 pm to
I know but if you take that and wrap it into the other 3 quarters you still average 2.5%. Not bad for 2 market pullbacks and all the other BS we had last year
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69250 posts
Posted on 2/14/19 at 3:27 pm to
Because of today’s retail sales data
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 2/14/19 at 3:37 pm to
quote:

Because of today’s retail sales data

retail inventories also contributed a hit. tempting to call this a vast overreaction.

but, goldman sachs dropped theirs from 2.5 to 2.0, and merrill lynch dropped theirs from 2.3 to 1.5 (!)
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 2/14/19 at 3:41 pm to
quote:

For an annual average of?

doesn't really work that way, although it's usually reasonably close.

when they come out with an annual number, they will have calculated basically an average gdp number for the year. the annual growth figure will just be a comparison of that for 2018 compared to that for 2017. a bad q1 will weigh down the annual figure compared to an average of these quarterly ones
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