Wednesday, August 24, 2016

Atlanta Fed GDP Now says yup, you're getting a rate hike in September.

FRB Atlanta - GDP Now.

It's at 3.6% right now, and residential real investment has picked up, so you're pretty much guaranteed another quarter-point hike in September.

That might be a reason the S&P is in a holding pattern and the hedgies are fleeing gold miners.

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