Atlanta Fed Finally Forecasts Recession – Ep 823
The Peter Schiff Show Podcast
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We've Already Got a Negative GDP Number for the Second Quarter
i've been waiting for the atlanta fed to revise this number negative. And in fact, a couple of weeks ago, they had reduced their estimate down to zero. But then the revision on th Thursday was from up point three to down one %. So that means down one point six % in the first quarter and down one % in the second quarter. Although it's certainly possible that by the time we get the second quarter g p number, it's down by more than one%.
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