Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- The NexusFi team
(If you already have an account, login at the top of the page)
You know this is a month and a half ago yes? It was a pretty big topic, but the number was largely attributed to colder than normal winter weather. The current Q2 advance reading of +4.0% has done much to allay fears of recession. The GDP estimates are usually optimistic versus the actuals, but a +4 print is pretty good. We'll see what the final reading in September brings but it would have to be a huge revision to bring into negative territory. If history repeats itself, the final number may be lower than 4%, but should nowhere near approach Q1's abysmal reading.
