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re: GDP at 4+% now! Let's Roll Trump!
Posted on 5/16/17 at 9:18 pm to 90proofprofessional
Posted on 5/16/17 at 9:18 pm to 90proofprofessional
...and the ATL Fed's projections are far greater than all of the other economists. Seems like 4% is iffy.
0
Posted on 5/16/17 at 9:21 pm to The First Cut
quote:
Breitbart
FED ATLANTA SITE
Are you really that fricking stupid? or do you not know how to use your search function?
Posted on 5/16/17 at 9:21 pm to gthog61
No, you are too stupid to read the thread...
Posted on 5/16/17 at 9:22 pm to The First Cut
quote:
Did you read the article, no it isn't. It's supposedly predicted to, but no link to the Atlanta Fed's story is provided.
hahahahahahaha
Double down dipshit
Posted on 5/16/17 at 9:22 pm to MButterfly
Cooking the books for Obummer again!
Posted on 5/16/17 at 9:23 pm to gthog61
quote:
Double down dipshit
Do you not understand ONE projection versus actual GDP growth? Speaking of double down dumb...
This post was edited on 5/16/17 at 9:24 pm
Posted on 5/16/17 at 9:33 pm to MButterfly
Should be prefaced that this is a second quarter projection using a moving forecast that is not the official projection of the Atlanta Fed.
Last month started off high and plummeted by the end. And GDP and forecasts tend to fluctuate throughout the year. Peaks and valleys based on a number of factors:
It should also be noted this particular forecast model has historically had a greater deviation from the quarterly GDP release data the further out it is from that release(pretty much universally common in forecasting models for obvious reasons):
This forecast used in the OP is currently 72 days out from that release. So volatility is particularly high. The historical margin of error could be upwards of 2% in either direction.
For further context though, this is one of many forecast models, so just picking any one is probably unwise. Let alone so early in the forecast cycle.
For instance the NY Fed's Nowcast currently has their Q2 GDP projection at 1.9%. So there is some major deviations going on between models.
Moral of the story, it is kind of disingenuous(if not completely reckless) to run a story that doesn't provide some of that important and necessary context.
Last month started off high and plummeted by the end. And GDP and forecasts tend to fluctuate throughout the year. Peaks and valleys based on a number of factors:
It should also be noted this particular forecast model has historically had a greater deviation from the quarterly GDP release data the further out it is from that release(pretty much universally common in forecasting models for obvious reasons):
This forecast used in the OP is currently 72 days out from that release. So volatility is particularly high. The historical margin of error could be upwards of 2% in either direction.
For further context though, this is one of many forecast models, so just picking any one is probably unwise. Let alone so early in the forecast cycle.
For instance the NY Fed's Nowcast currently has their Q2 GDP projection at 1.9%. So there is some major deviations going on between models.
Moral of the story, it is kind of disingenuous(if not completely reckless) to run a story that doesn't provide some of that important and necessary context.
This post was edited on 5/16/17 at 9:37 pm
Posted on 5/16/17 at 9:34 pm to bonhoeffer45
Don't let the facts get in the way of Trumpkins celebrating so much winning.
Hence my at Breitbart.
quote:
Moral of the story, it is kind disingenuous to run a story that doesn't provide some of that further context.
Hence my
at Breitbart.This post was edited on 5/16/17 at 9:36 pm
Posted on 5/16/17 at 9:39 pm to bonhoeffer45
quote:
Moral of the story, it is kind of disingenuous(if not completely reckless) to run a story that doesn't provide some of that important and necessary context.
well look at this polite motherfricker right here
you can save it though, op is stupid and/or perfectly willing to mislead on purpose in defense of President Shouting Kumquat
Posted on 5/16/17 at 9:44 pm to 90proofprofessional
quote:
well look at this polite motherfricker right here
you can save it though, op is stupid and/or perfectly willing to mislead on purpose in defense of President Shouting Kumquat
My polite advice would just be to take this as a lesson learned. That perhaps Breit-Bart should cease to be a trusted source for the OP.
This post was edited on 5/16/17 at 9:45 pm
Posted on 5/16/17 at 9:46 pm to bonhoeffer45
quote:
perhaps Breit-Bart should cease to be a trusted source for the OP.
Lulz, you obviously don't know Trumpkins.
Posted on 5/16/17 at 10:29 pm to bonhoeffer45
quote:
For instance the NY Fed's Nowcast currently has their Q2 GDP projection at 1.9%.
That sounds pretty low based on recent data we've seen these past few weeks. Would be a massive disappointment frankly.
This post was edited on 5/16/17 at 10:30 pm
Posted on 5/16/17 at 10:37 pm to MButterfly
For months, I've been trying to tell the resident simpletons here that business & the economy is going to boom under Trump. The MSM is trying to destroy Trump, but the American people aren't going to be listening to their lies when times are good.
We never even had a single quarter of 3% growth under the "leadership" of the Mr. "You didn't build that" race-baiting POS community agitator that some of you fools worshipped (but won't admit it now).
We never even had a single quarter of 3% growth under the "leadership" of the Mr. "You didn't build that" race-baiting POS community agitator that some of you fools worshipped (but won't admit it now).
Posted on 5/16/17 at 10:39 pm to KCT
You might want to temper that hubris until you read the rest of the thread chief. Just saying.
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