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Final 3rd Quarter GDPNow Forecast vs. Consensus Estimates Ahead of 3rd Quarter GDP Release - Entrepreneur Generations

Global Economic Analysis - Entrepreneur Generations - The initial 3rd Quarter GDP release is due at 8:30AM on Thursday. Inquiring minds may be interested in the GDPNow forecast vs. the Blue Chip estimates vs. the Bloomberg Consensus estimate.

GDPNow vs. Blue Chip Consensus



Bloomberg Econoday Consensus



  • GDPNow: 1.1%
  • Blue Chip: 2.1%
  • Econoday: 1.7%

If you are up in time, place your bets.

Bear in mind, GDP is so heavily revised, we will not know the true winner for another two to three months at the earliest. The "preliminary" winner will be announced at 8:30 AM. Bets taken until 8:26:30.

Mike "Mish" Shedlock
Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://ift.tt/xbXsM8 to learn more about wealth management and capital preservation strategies of Sitka Pacific.


from Mish's Global Economic Trend Analysis http://ift.tt/1LZbCZB Final 3rd Quarter GDPNow Forecast vs. Consensus Estimates Ahead of 3rd Quarter GDP Release - Entrepreneur Generations

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