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Oh Atlanta! Atlanta Fed GDPNow Q1 Forecast Drops To 0.631% With REAL Wage Growth At -2.38% (Coal Is SOARING!)
Confounded Interest ^ | 02/28/2022 | Anthony B. Sanders

Posted on 02/28/2022 7:50:53 AM PST by Browns Ultra Fan

Oh Atlanta! Fed, that is.

The Atlanta Fed GDPNow Q1 real-time GDP index fell to 0.631%. And the Atlanta Fed REAL wage tracker fell to -2.38 growth.

Volatility reigns supreme on the energy front (look at NYM Dubai crude AVAT!) And coal is up 18.68% this morning.

Here is a map of gas and oil pipelines in Europe.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: biden; clickbait; coal; energy; inflation
Biden strikes again!
1 posted on 02/28/2022 7:50:53 AM PST by Browns Ultra Fan
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To: Browns Ultra Fan

Energy prices (electricity, gas, gasoline) are about to go up substantially too.

I’m seeing tomorrow’s forecosts - very high!!


2 posted on 02/28/2022 7:54:54 AM PST by Roman_War_Criminal (Jesus + Something = Nothing ; Jesus + Nothing = Everything )
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To: Browns Ultra Fan

Fed caught between a rock and a hard place. Can’t lower rates in the midst of a weakening economy when inflation is raging.


3 posted on 02/28/2022 8:02:41 AM PST by donozark (Masochists for Biden. 2024.)
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To: Browns Ultra Fan

“Unexpected!”


4 posted on 02/28/2022 8:07:34 AM PST by oldplayer
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To: Browns Ultra Fan

Took you three days to find that Feb. 25th story?


5 posted on 02/28/2022 8:34:58 AM PST by dangus
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