2017 Ends On A High Note: NY Fed NOWCAST Has Q4 GDP At 3.87% (Dow Up 38% Since Nov 4 ’16 Despite 4 Fed Rate Increases)

This is a syndicated repost courtesy of Snake Hole Lounge. To view original, click here. Reposted with permission.

Well, some good economic news on the US front. The New York Fed’s NOWCAST GDP forecast model has Q4 GDP at … 3.87%.


The Dow Jones Industrial Average (DJIA) is up 38% since November 4, 2016 despite 4 rates increases from The Fed.


I don’t think that The Fed should include more cowbell.

Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I am a contractor for Money Map Press, publisher of Money Morning, Sure Money, and other information products. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. In some cases I receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.