Macroeconomic Advisors (MA) has lowered their forecast for Q4 annualized real GDP growth to +3.3% from +3.4%, but is maintaining their Q1 forecast of +2.0%.
The bottom line is that they are essentially planting a stake in the ground and implying that there will not be a recession in Q1.
Nothing to wright home about 2 or 3percent is so low even the birds cannot make it.
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