Friday, March 13, 2015

It's hard to be on time, Matt O'Brien

Matt: The U.S. economy is doing well enough that it's getting ready to raise rates, and the rest of the world is slowing down enough that it's cutting them.

The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2015 was 0.6 percent on March 12, down from 1.2 percent on March 6. The nowcast for first-quarter real consumption growth fell from 2.9 percent to 2.2 percent following this morning's retail sales release from the U.S. Census Bureau.

Well, the dollar must be up because Spain is outperforming the USA?  Naw, more likely its roll over season in DC and the debt carter is collecting dollars for high yields.

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