Economy - Finance > Trading

Q2 GDP Forecasts: Around 9.5%

1 month ago   |   By Calculated Risk

From Merrill Lynch: 2Q GDP tracking has fallen to 9.5% qoq saar from 11% as we incorporate our forecast for retail sales. 1Q GDP is also tracking slightly lower at 6.2% following trade data this week.
emphasis added From Goldman Sachs: We left our Q2 GDP tracking estimate unchanged at +9.5%. From the NY Fed Nowcasting Report
The New York Fed Staff Nowcast stands at 4.2% for 2021:Q2 and 5.3% for 2021:Q3. And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth in the second quarter of 2021 is 9.3 percent on June 9, down from 9.4 percent on June 8.
Read more ...

 


Search by Tags

   Trading      New York      Ads      Sale      Data  


July 24th COVID-19, New Cases, Hospitalizations, Vaccinations

July 24th COVID-19, New Cases, Hospitalizations, Vaccinations

The 7-day average cases is the highest since May 3rd. The 7-day average hospitalizations is the highest since May 22nd. This data is from the CDC . According to the CDC, on... Read more ...

The DL on CockroachDB

The DL on CockroachDB

As college students at Berkeley, Spencer Kimball and Peter Mattis created a successful open-source graphics program, GIMP, which got the attention of Google. The duo ultimately... Read more ...

Vatican closes 2020 with shortfall, but better than forecast

VATICAN CITY - The Vatican closed out 2020 with a deficit of 66.3 million euros , which was better than projected and even lower than pre-pandemic 2019, according to figures... Read more ...

Student Loan Cancellation Won't Stimulate The Economy, According To New Research

Student loan cancellation isn't a financial stimulus. Read more ...

This Week in Apps: Clubhouse opens up, Twitter talks bitcoin, Snap sees...

This Week in Apps: Clubhouse opens up, Twitter talks bitcoin, Snap sees record quarter

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry... Read more ...

'We can expect fireworks': 6 experts sound off on their expectations for...

'We can expect fireworks': 6 experts sound off on their expectations for Robinhood's hugely anticipated IPO

Summary List Placement Robinhood's mission since it was founded in 2013 has been to "democratize finance for all." Years later, ahead of its hotly-anticipated initial public... Read more ...

Schedule for Week of July 25, 2021

Schedule for Week of July 25, 2021

The key report this week is the advance estimate of Q2 GDP. Other key reports include June New Home Sales, Personal Income and Outlays for June, and Case-Shiller house prices... Read more ...

Jeremy Grantham's GMO says stocks are overvalued by every metric, but there...

Jeremy Grantham's GMO says stocks are overvalued by every metric, but there are 3 strategies investors can use to weather a crash

Summary List Placement Billionaire Jeremy Grantham's investment firm says stocks are too pricey, outlining their view as US equities sit at record highs, with the team offering... Read more ...

Jeremy Grantham's GMO says stocks are overvalued by every metric, but there...

Jeremy Grantham cofounded the asset management firm GMO. Boston Globe/Getty Images Stocks worldwide are expensive and US stock valuations are at concerning levels, Jeremy... Read more ...

Amazon wants a ‘key' to your apartment building

The online shopping giant is pushing landlords around the country - sometimes with financial incentives - to give its drivers the ability to unlock apartment-building doors... Read more ...