Dr. Jeff on Nostr: Still just a one-off or nah? š The Atlanta Fed GDPNow real #GDP estimate for 1Q ...
Still just a one-off or nah? š
The Atlanta Fed GDPNow real #GDP estimate for 1Q 2025 is currently:
-2.4% (that's negative 2.4%, son)
OPINION:
- US economy looking a bit ugly at the moment, after leading the world to the upside for much of 2023 and 2024.
- The world ex-US is looking pretty solid, actually.
- Global assets may continue to outperform, while US-based assets may struggle for a bit.
Just my two sats. ā”
The Atlanta Fed GDPNow real #GDP estimate for 1Q 2025 is currently:
-2.4% (that's negative 2.4%, son)
OPINION:
- US economy looking a bit ugly at the moment, after leading the world to the upside for much of 2023 and 2024.
- The world ex-US is looking pretty solid, actually.
- Global assets may continue to outperform, while US-based assets may struggle for a bit.
Just my two sats. ā”
