The Atlanta Fed’s GDPNow indicator, a forecast of GDP growth using the available economic data, shows that growth likely ground to a screeching halt in the first quarter. Whether this is the same type of statistical bias that has dragged down first quarter growth over recent years or a bona fide slowdown is not yet clear.
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Richard C. Young & Co., Ltd. was ranked #10 in CNBC's 2019 Financial Advisor Top 100. Jeremy is also a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Jim Simons’s Renaissance Technologies vs. Internet Forum Traders - January 15, 2021
- Biden Plans to Spend Trillions More on COVID-19 Stimulus - January 14, 2021
- Overtaken By Nvidia, Intel Fires Bob Swan - January 13, 2021