From BofA: Our forecast for retail sales to contract in December led us to lower our 4Q GDP tracking estimate down to 5.5% qoq saar from 6.0% previously. [January 7 estimate]
emphasis addedFrom Goldman Sachs: We left our Q4 GDP tracking estimate unchanged at +7.0% (qoq ar). [January 6 estimate]And from the Altanta Fed: GDPNow
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2021 is 6.7 percent on January 6, down from 7.4 percent on January 4. [January 6 estimate]
Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify
In this article SBNYSIVB Follow your favorite stocksCREATE FREE ACCOUNT U.S. Sen. Sherrod Brown (D-OH) speaks to members of the...