GDP Now in Dangerous Waters

The Atlanta Fed has posted today that its GDP Now measure has reached exactly the same level as a certain Mr. John Blutarsky’s mid-term grade average. This is to say, it has declined to 0.0%.

 

gdpnow-forecast-evolutionGDP Now goes Blutarsky – via Atlanta FED

 

Watch the video below to see what such average grades can actually lead to.

 

Blutarsky achieves mid-term grade average of 0.0%

 

The question is now … is the US economy eligible for military service? Or should it just vomit over someone’s desk?

Perhaps someone would like to start a poll?

Hat tip to BC for inspiration. 

 

 

 

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3 Responses to ““GDP Now” Reaches Blutarsky Average”

  • 23571113:

    it seems not only Bonner but also Pater has now resorted to US bashing after being wholly wrong about the US stock market and gold…

  • No6:

    If GDP were measured with just a nod to accuracy it would be quickly apparent that there are no green shoots, nor escape velocity. The US is in recession.

  • After all the years, I still get a kick from Animal House (plus it was filmed at U. of Oregon…my backyard as a kid). Anyway, we all know QE is the Fed’s stated vehicle to artificially rig interest rates lower and artificially maintain a market for Treasury’s and MBS…and in the following link, pretty well establish there is a backdoor QE of similar size going on to maintain the rigged US Treasury “market” in the current absence of formal QE…

    http://econimica.blogspot.com/2015/03/brics-blink-or-more-correctly-wink-and.html

    So, if it’s clear the biggest “market” is out and out rigged…if multiple CB’s now openly advertise their equity purchasing (alongside bonds) with funny money, if the CME has an incentive program specifically for CB’s purchasing equity’s, why would we think otherwise for the Fed and US equities??? Let’s stop pretending to look at charts, or long term averages, or any other hocus pocus. Which leaves us with this…

    http://econimica.blogspot.com/2015_04_01_archive.html

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