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
This premium article is for subscribers only
Subscribe and get unlimited access to all articles instantly. From now on €1.99/month.
Already a subscriber? Login and get access to all premium articles.
“Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator.”