April 1, 2023

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Are fears of a US recession overblown?

Are fears of a US recession overblown?

It is raining Predictions Tough economic times for the US and, by extension, the rest of the world economy. But an important mathematical model has a very different prediction: good economic growth.

Why is this important?

If financial markets are confirmed to be overestimating the likelihood of a US recession, listed stocks are currently undervalued.

about this GDPNow, the Atlanta Fed’s gross domestic product (GDP) forecasting model, a branch of the US Federal Reserve. It estimates US economic growth based on recent data.

  • According to yesterday’s latest update, economic growth in the fourth quarter is estimated at 4.4 percent. What’s more, growth prospects have recently been revised upwards.
  • Like a rhythm

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