Silver as an investment

Investigating Curious Anomalies in GDPNow and Nowcast GDP Estimates

mishtalk.com / Mike “Mish” Shedlock  / June 6, 2017

As of last Friday, the Atlanta Fed GDFPNow model for the second-quarter GDP stood at 3.4%. In contrast, the FRBNY Nowcast report was 2.2%.

This is yet another large gap, albeit smaller than the ones we saw for the first quarter. What’s more interesting is some of the recent gyrations.

What’s more interesting is that in some of the recent gyrations, on the same data, the models went opposite directions.

GDPNow Estimate June 2

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