1st quarter looks bleaker by the day

[tsptalk]

First-quarter economy looks bleaker by the day

"The closely watched Atlanta Fed GDPNow model now shows first-quarter growth tracking at 0.1 percent, compared to a 0.4 percent estimate earlier in the week. JPMorgan economists now forecast the economy only expanded by 0.2 percent in the first quarter, from 0.7 percent."

http://www.cnbc.com/2016/04/08/first-quarter-economy-looks-bleaker-by-the-day.html

 

[RealMoneyIssues]

First-quarter economy looks bleaker by the day

"The closely watched Atlanta Fed GDPNow model now shows first-quarter growth tracking at 0.1 percent, compared to a 0.4 percent estimate earlier in the week. JPMorgan economists now forecast the economy only expanded by 0.2 percent in the first quarter, from 0.7 percent."

http://www.cnbc.com/2016/04/08/first-quarter-economy-looks-bleaker-by-the-day.html

And this surprises who? The inflation numbers are shocking too... considering how out of wack they are... too, too low

 

[wavecoder]

I think we're already in a recession, the markets just haven't responded yet. Speaking of which, doesn't it seem like the economy hasn't recovered at all since 2008? Just the fed propping up the stock market to look that way from the outside looking in.

This has to be the only 'recovery' where middle class wages have stagnated

 

[wavecoder]

Not being a doomsayer, but the fundamentals haven't looked strong in a long time, and sooner or later fundamentals are always right. be safe out there

i guess we'll see if this pans out next week when earnings reports are out

 

[RealMoneyIssues]

Its only going to get worse until something changes...