GDPNow: 2.7 — Previous, 2.9 — April 24, 2024

Locator: 470628GDP.

GDPNow had predicted a 1Q24 GDP in range of 2.5+%.

First reading came in at 1.6%. 

Wouldn't this be in line with a "soft landing"?  Beats the alternative.

Market gave us a great buying opportunity. 

No complaints from me. 

By this time next week, the number will have been forgotten.

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Disclaimer -- Briefly

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.

See disclaimer. This is not an investment site.

Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.

Reminder: I am inappropriately exuberant about the US economy and the US market, I am also inappropriately exuberant about all things Apple.