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NY Fed Shuts Down GDP Nowcast Amid Economic Chaos
Breitbart ^
| 09/03/2021
| John Carney
Posted on 09/03/2021 9:59:01 AM PDT by ChicagoConservative27
Federal Reserve Bank of New York announced Friday that it was halting the publication of its GDP Nowcast model’s read of the economy due to pandemic-related uncertainties.
“The uncertainty around the pandemic and the consequent volatility in the data have posed a number of challenges to the Nowcast model. Therefore, we have decided to suspend the publication of the Nowcast while we continue to work on methodological improvements to better address these challenges,” the New York Fed said in a statement posted to its website.
(Excerpt) Read more at breitbart.com ...
TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: chaos; coverup; cowcast; ecomonic; fed
Thing that make you go hmmmmmmmmmmm.
To: ChicagoConservative27
Oh boy, yes. They are starting to shut off ALL information that doesn’t advance their agenda. How long can this go on?
2
posted on
09/03/2021 10:01:13 AM PDT
by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
To: MeneMeneTekelUpharsin
Until we are enslaved my the wealthy elites and their one world govsrnment.
3
posted on
09/03/2021 10:02:53 AM PDT
by
Ronald77
To: MeneMeneTekelUpharsin
I guess silence is better than lying...
;-)
4
posted on
09/03/2021 10:03:16 AM PDT
by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: ChicagoConservative27
Joe is a pandemic now?
that didn’t take long.
everything gets blamed on Covid now.
5
posted on
09/03/2021 10:04:08 AM PDT
by
cableguymn
(We need a redneck in the white house.... But the fact checkers said the story was false!)
To: MeneMeneTekelUpharsin
Bongino likes to use it.. and it fits..
you can only hold the beachball under water for so long.
the truth will come to the surface.
6
posted on
09/03/2021 10:05:21 AM PDT
by
cableguymn
(We need a redneck in the white house.... But the fact checkers said the story was false!)
To: ChicagoConservative27
"Yipes, these numbers sure don't make the Big Guy look good. What'll it be, Trump? Russia?"
"Not gonna fly, boss."
"OK then, all together now: COVID COVID COVID!!"
8
posted on
09/03/2021 10:11:35 AM PDT
by
Gene Eric
(Don't be a statist!)
To: MeneMeneTekelUpharsin
Dear IRS,
The uncertainty around the pandemic and the consequent volatility in my income have posed a number of challenges to the IRS Tax Return. Therefore, I have decided to suspend the Submission of the IRS Tax Return while I continue to work on methodological improvements to better address these challenges.
9
posted on
09/03/2021 10:15:07 AM PDT
by
Lockbox
(politicians, they all seemed like game show hosts to me.... Sting)
To: ChicagoConservative27
To: ChicagoConservative27
Taking a page right from Orwell.
11
posted on
09/03/2021 10:20:53 AM PDT
by
ConservativeInPA
("Goats are like mushrooms. Because if you shoot a duck, I'm afraid of toasters." - Joe Biden)
To: cgbg
“I guess silence is better than lying...”
Or just reporting facts.
To: ChicagoConservative27
Spun it so hard it flew away…
13
posted on
09/03/2021 11:38:06 AM PDT
by
ZOOKER
(Until further notice the /s is implied...)
To: ChicagoConservative27
GDP Nowcast model’s read of the economyIt's that bad, huh.
14
posted on
09/03/2021 11:43:15 AM PDT
by
Texan
To: ChicagoConservative27
15
posted on
09/03/2021 11:58:35 AM PDT
by
mulligan
(an En bbnnEeThe to)
To: Billthedrill
How will they reach around after touting economic recovery to blame Trump for the collapse? Wait till Christmas. Saw many buying toys for the Holiday season this week.
16
posted on
09/03/2021 12:33:12 PM PDT
by
griswold3
(When chaos serves the State, the State will encourage chaos)
To: ChicagoConservative27
due to
-pandemic- never knowing what ice-cream joe will say or do related uncertainties.
17
posted on
09/03/2021 2:13:16 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. P144:1)
To: ChicagoConservative27
Now? Because of the Pandemic?
18
posted on
09/03/2021 3:21:56 PM PDT
by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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