Let's just provide a reminder -- Note: The Atlanta Fed GDPNow estimate is a model-based projection not subject to judgmental adjustments. It is not an official forecast of the Atlanta Fed, its president, the Federal Reserve System, or the Federal Open Market Committee. In fact it is just one of the model's that is run. Somehow you cut off the entire left-hand side. https://www.atlantafed.org/-/media/documents/cqer/researchcq/gdpnow/realgdptrackingslides.pdf
you do realize products with tariffs are just reaching the U.S. shores and were then paused again.... however freight rates on all products leaving Asia to US in June are experiencing a 100-200% increase due to space constraints. So it is premature to see whether there will be an immediate or delayed effect as most of these goods will not arrive until AUG/SEP. Why would April inflation numbers reflect increase in prices that is occurring after April... Your data of APril is the month when tariffs were put in place so how can your data count the increase in costs bringing product in? I dont think you have a lot of experience in analyzing data.
Seriously!? This is a joke. Right!? I presumed that everyone on a trading forum would be familiar with Fed GDP Now. I didn't realize that there are people on a trading forum that are so fucking stupid that they need an explanation and qualification of Fed GDPNow. I will try to write at a 5th grade level for the retards on this forum from now on. Fed GDPNow is such common knowledge for the majority of traders that if are ignorant of it you should probably stop trading immediately. You clearly are extremely ignorant of the markets and econ.
You realize that the Atlanta Fed's GDPNow model is just one computer model of many. GDPNow tends to be quite volatile although accuracy does improve as the quarter progresses and more economic data becomes available. Yet somehow you are here pitching it as something truly relevant to traders. Any trader using the Fed GDPNow computer model to make trading decisions has a screw lose and will shortly be in the poor house.
Stop wasting my time with stupid ass post. I didn't pitch shit you mother fucker. Don't put words in my mouth. I just said it was common knowledge like stocks, notes, or bonds. Like the fucking yield curve. I am not pitching the yield curve by saying it is common knowledge. I never said use it for trading. I never said I use it for trading. You said that you used it for trading previously. that is why I brought it up. Lying, gaslighting, POS. Fuck you and your lies.
So explain to us... what does your GDPNow model graphs have to do with a thread on tariffs? Why did you post it here in this thread?
So basically your GDPNow post has nothing to do with tariffs. Got it. Let’s see if you can stay on topic in the future.