The 2025 first quarter GDP data came in slightly bad: negative 0.3%. I think the number is a bit hard to interpret right now, but it’s hard to spin away a negative number. A big factor pullin…| Economist Writing Every Day
Last month I wrote about the projected decline in GDP from the Atlanta Fed’s GDPNow model. Since then, they have released an alternative version of the model, which includes a “gold adj…| Economist Writing Every Day