Atlanta Fed Waits Until The Close To Reveal 0.6% Q4 GDP Estimate

zero hedge ^ | 1/15/16 | tyler durden

[Nachum]

With less than half an hour until the close, we asked the Atlanta Fed - the most accurate predictor of GDP - which was scheduled to post an update of its Q4 GDP NowCast following today's ugly economic data, if it was was planning on releasing its latest Q4 GDP estimate before or after the close, something it usually does just before noon.

[Nachum]

Just remember and repeat what Obamatron said:

"Things are not terrible"

[Nachum]

The list, Ping

Let me know if you would like to be on or off the ping list

http://www.nachumlist.com/

[Sirius Lee]

I’ll bet it’s negative.

[Buckeye McFrog]

Not a single blasted thing in this country that has not been politicized under Obama.

[ealgeone]

A wonderful recovery! /sarc

[Roman_War_Criminal]

Meanwhile, in Canada....

http://www.zerohedge.com/news/2016-01-13/canadians-panic-food-prices-soar-collapsing-currency

[GOPJ]

How bad is this gonna get? Any ideas?

[Georgia Girl 2]

When they revise it in three weeks it will be zero.

[Farmer Dean]

Wall Street will react to this news on Monday.Chinese banks no longer will accept stocks as loan collateral,and the European markets are as bad as ours.This year could be the worst ever for the American economy.

[Georgia Girl 2]

CNBC and Zero Hedge are predicting bad recessions worse than 2008.

[Farmer Dean]

People that aren’t prepared to be self sufficient are in for a very bad time.My plans to be able to go off grid for 3 years plus are nearly complete.I just need storage space for 2000 more gallons of diesel fuel.

[Psalm 73]

"Things are not terrible"

Well, it could be lower than 0.6 - so, sure 0.5 would be terrible....

[Georgia Girl 2]

Yes agreed. We have been working on it for about 7 years. We are in fairly good shape.

[444Flyer]

You may need it. Obama’s attempting to turn the country into a Mad Max film.

[FourPeas]

Yep, it will be quietly revised downward on a Friday afternoon in the not too distant future.

[Farmer Dean]

I had chance to buy a pristine condition MG-42 back in the early 80’s.I may regret not buying it.

[VerySadAmerican]

My problem is where do I go? I could buy some crappy land out in the middle of nowhere and put a trailer on it. But I’d also have to drill a water well and install a septic system. And there would be no doctors anywhere around.

[ez]

Stop talking bout my place like that. ;)

[VerySadAmerican]

Living where there is no people would be fine with me. But that’s really the problem. Nobody knows anyone. We’re all strangers. The internet did it.

[GILTN1stborn]

no, it happened before the Internet. It happened a long time ago. It is the result of people being self-centered and caring only about “me” and being, in general, a low information population. I know there are neighborhoods and communities that are exceptions, but IMO it was not the Internet. I actually think the Internet has allowed like-minded people to become less of strangers to each other, like right here on FR.