Less than $2.1k to go!!
Posted on 03/03/2015 3:03:35 PM PST by Perdogg
While every other word from talking-heads and policy-makers relates various anecdotes (or simple lies) about US economic growth, The Atlanta Fed appears to have taken a 'data-dependent' perspective on the real economy (as opposed to smoke and mirrors). Based on their GDPNow "nowcasting" model, The Atlanta Fed projects Q1 2015 GDP growth os just 1.2% (less than half current sell-side economist consensus) and getting weaker...
(Excerpt) Read more at zerohedge.com ...
What difference does it make?
The MSM will lie this evening like every other one
since the Tyrant took power from the docile EXEMPT,
and absolutely useless, Congress.
But but. Buttt
Obama said we had the foot to the metal or sumthin’
He better get Biden on it.
“Unexpected”
The numbers will be massaged so it’s 2%. no worries.
Well I know I’m shocked. Stores closing down everywhere, nobody buying in the stores. No inventory in the grocery stores.
Saw John Williams, of the San Francisco Fed, on CNBC the other day and he is predicting 3%, as is “Standard & Poor”
Who to believe?
The actual tally at the end of each quarter...
Bad winter .... </s>
I hear that the summer wheat crop is projected to be the largest ever.
Remember that 1.2 was derived using the new normal fake data .... in reality, can you say d.e.p.r.e.s.s.i.o.n?
Subtract quantitative printing and we are in a depression.
Unelected and Unaccountable Banksters can cherry pick facts as well as the next guy.
The federal reserve system can say whatever it wants with umpugnity.
The New World Order is the bureaucracy gone wild with power and glory.
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