Technical Analysis

Atlanta Fed Q4 GDPNow tracker +3.2% vs +3.4% prior

The Atlanta Fed tracker edged lower today but it’s still a long time before we get any kind of look at Q4 growth.

“After this morning’s releases from the US Census Bureau and the US
Bureau of Labor Statistics, the nowcast of fourth-quarter gross private
domestic investment growth decreased from 1.7 percent to 0.7 percent,” the release said.

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