Wednesday, March 15, 2017

How can we crash when going so slow?

Latest forecast: 0.9 percent — March 15, 2017 
 The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2017 is 0.9 percent on March 15, down from 1.2 percent on March 8.
When I see such a contradiction, I look back. And what do I see? We are getting damn good at this generational helicopter thing.  We may just pull this off, get the sandbox up and let Congress do some natural defaulting.

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