Must-Read: Macro Advisors: GDP Tracking

Must-Read: Macro Advisors is currently at a 2.5%/year real GDP growth rate forecast for the fourth quarter of 2015, a 1.5%/year tracking estimate for the third quarter of 2015, 3.9% for the second quarter, and 0.6% for the first quarter. That’s 2.1% for the year–that’s not an economic growth rate that would make anyone think that inflationary pressures are building in the mantle underneath even though they are not visible anywhere in the crust:

Macro Advisors: GDP Tracking:

Https macroadvisers bluematrix com sellside EmailDocViewer encrypt 5c468656 d736 4a02 a3aa ae63428a090b mime pdf co macroadvisers id jbdelong uclink berkeley edu source mail

October 19, 2015

AUTHORS:

Brad DeLong
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