Q1 GDP Estimates Fall Below 1 Percent

By: Curtis Wayne   3/1/2019

The economy is starting to look like it is headed into a recession.

The Atlanta Fed and Goldman are estimating Q1 GDP below 1%.  This is because of many reasons, namely the auto-bubble, housing-bubble beginning to pop.

Not to mention the manufacturing index and personal consumption declining.

These numbers could still be revised lower and we could get a negative GDP number for Q1.  Congress will soon to talking about the massive infrastructure spending bill to put $1 trillion into the economy.

The Federal Reserve has already stopped increasing interest rates, but it does not look like it will be enough and they may soon reverse the interest rates all the way to zero.   

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