Originally Posted by
Flytolive
I agree the Atlanta Fed's GDPNow model estimates have been proven false. In Q1 2018 it predicted 5.4% GDP growth and the ended up being only 2.2%. Obviously, the model is worthless. The consensus estimate for 2018 is less than 3% even with soaring debt.
False again
https://www.cnbc.com/2018/06/15/gold...dp-growth.html
Even Goldman sachs now think gdp will be above 4% for q2.