Sunday, July 27, 2014

2Q14 US GDP To Be Reported This Week; Your Guess

I believe 2Q14 US GDP will be reported at 8:30 a.m. ET on Wednesday, July 30, 2014.

Disclaimer: this is not an investment site, nor is it a macro-economic site, but I'm bored tonight with the granddaughters gone, and looking to replace the current poll. This polling question is no worse than some, and may, in fact, be better than most. Whatever.

Having said that, first the results of the current poll in which we asked whether folks would fly on a plane using jet fuel refined from highly volatile Bakken crude oil:
  • yes: 96%
  • no: 4%
Obviously a tongue-in-cheek poll but I'm glad -- it appears -- folks answered rationally.

Now, for the new poll, which is not "tongue-in-cheek" but probably not all that interesting.

What do you think the 2Q14 US GDP will come in at?
  • 2% or less
  • 2.1% (inclusive) to 2.5% (inclusive)
  • 2.6% (inclusive) to 2.9% (inclusive)
  • 3.0%, right on the nose
  • at 3.1% or greater

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