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Wednesday, June 24, 2015

Hey, remember the Atlanta Fed's GDPNow calculator?


Hey, remember when the gutter press all simultaneously discovered the Atlanta Fed's GDPNow calculator?

Remember, at that time, it was showing a realtime GDP estimate of ~0.6%?

Remember how much the gutter press blathered about OMG the US is screwed and that horrible Yellen was going to raise rates and destroy the economy?

My god, we should check and see how much worse the GDPNow is today!:


Oh.

So things are better now.

OK, nevermind.


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